🇰🇷 SK Hynix +3.26% to ₩1,645,000. The HBM king is bouncing — but 43.6% below its 3-month high tells the real story.
This is a recovery trade, not a momentum trade. Price is testing the 20-day SMA (₩1,611,550) from above. RSI at 47.2 is neutral — plenty of room, but needs confirmation.
🧠 Why It Matters:
• HBM demand for AI chips is structural, not cyclical
• 24.4% above 3-month low — floor is established
• Volume declining = wait for conviction
• Needs to hold above 20-day SMA for bullish continuation
📋 Key Levels:
→ Support: ₩1,504,000 (demand zone)
→ Resistance: ₩1,611,550 (20-day SMA — being tested)
→ Entry on confirmed hold above 20-day
HBM demand enough to push Hynix back to ₩2M? What do you think?
#SKHynix #Semiconductors #DYOR
📌 Not financial advice. Always DYOR and manage risk.
This is a recovery trade, not a momentum trade. Price is testing the 20-day SMA (₩1,611,550) from above. RSI at 47.2 is neutral — plenty of room, but needs confirmation.
🧠 Why It Matters:
• HBM demand for AI chips is structural, not cyclical
• 24.4% above 3-month low — floor is established
• Volume declining = wait for conviction
• Needs to hold above 20-day SMA for bullish continuation
📋 Key Levels:
→ Support: ₩1,504,000 (demand zone)
→ Resistance: ₩1,611,550 (20-day SMA — being tested)
→ Entry on confirmed hold above 20-day
HBM demand enough to push Hynix back to ₩2M? What do you think?
#SKHynix #Semiconductors #DYOR
📌 Not financial advice. Always DYOR and manage risk.