SK Hynix just dropped 4.9% and is now 51% below its 3-month high — at what point does "cheap" become "capitulation"?
The world's number 2 memory maker is at 1,422,000 KRW, down 4.88% today. RSI is at 39 — leaning bearish but approaching oversold territory. The stock is trading near its 3-month low of 1,322,000 KRW.
The sell-off mirrors broader memory sector weakness, but HBM3E demand from AI data centers remains strong. This disconnect between fundamentals and price action is worth watching.
📊 Key Levels:
• Support: 1,322,000 KRW (3-month low)
• Resistance: 1,577,000 / 2,628,000 KRW
• Watch: RSI below 30 would signal deep oversold — potential reversal zone
Is this a buying opportunity or the start of something worse?
#SKHynix #Semiconductors #DYOR
⚠️ Not financial advice. DYOR. Past performance doesn't guarantee future results.
The world's number 2 memory maker is at 1,422,000 KRW, down 4.88% today. RSI is at 39 — leaning bearish but approaching oversold territory. The stock is trading near its 3-month low of 1,322,000 KRW.
The sell-off mirrors broader memory sector weakness, but HBM3E demand from AI data centers remains strong. This disconnect between fundamentals and price action is worth watching.
📊 Key Levels:
• Support: 1,322,000 KRW (3-month low)
• Resistance: 1,577,000 / 2,628,000 KRW
• Watch: RSI below 30 would signal deep oversold — potential reversal zone
Is this a buying opportunity or the start of something worse?
#SKHynix #Semiconductors #DYOR
⚠️ Not financial advice. DYOR. Past performance doesn't guarantee future results.