🇰🇷 SK Hynix (000660.KS) is down 51% from its 3-month high. ₩1,420,000 with RSI at 38.9 leaning bearish. This is the worst performer in the memory sector right now, and the chart looks like a staircase to nowhere.

📊 Technical Snapshot:
• Price: ₩1,420,000 | SMA20: ₩1,687,300 | SMA50: ₩2,107,120
• RSI: 38.9 (leaning bearish, approaching oversold)
• Trend: Strong downtrend — price below ALL moving averages
• Volume: Declining at 0.76x — sellers exhausted but no buyers

🔑 Key Logic:
Hynix is the HBM (High Bandwidth Memory) leader for AI chips, but the market is pricing in a cyclical downturn that could last through 2026. The gap between current price and SMA50 (₩2,107,120) is a massive 48% — that shows how far sentiment has fallen.

📍 Key Levels:
• Support: ₩1,322,000 (3-month low — only 7.4% away)
• Resistance: ₩1,567,000 → ₩2,628,000
• Watch for: RSI dropping below 30 as a potential reversal signal

When a best-in-class company trades 51% below highs with declining volume, it is either a generational buying opportunity or the market sees something worse ahead.

Would you buy SK Hynix at these levels? 👇

#SKHynix #Semiconductors #DYOR

⚠️ Disclaimer: This is not financial advice. Always do your own research before making any investment decisions.