🇰🇷 SK Hynix up 3.26% today — the world's #2 memory chip maker is bouncing, but the picture is complicated.
🔍 Technical Snapshot:
• Price: ₩1,645,000 (+3.26%)
• RSI: 47.2 — neutral territory, no overbought/oversold signal
• Trend: Uptrend on short-term, but still 43.6% below 3-month high
• Volume: 4.5M (0.71x avg) — below average, lacks conviction
• Price below SMA50 (₩2,043,380) — still in recovery mode
🧠 The Story:
SK Hynix is the HBM kingpin — they supply Nvidia's top AI chips. The stock sold off hard from ₩2.9M to ₩1.3M (a 55% drop!) and is now recovering. Today's bounce is part of that recovery, but the stock needs to clear ₩1.7M-1.8M convincingly to confirm the trend change.
📍 Key Levels:
• Support: ₩1,504,000 (recent consolidation)
• Resistance: ₩2,628,000 (major level)
• The ₩1.5M-1.65M zone is make-or-break
⚡ Memory cycles are bottoming. If you believe in AI demand, this is the value play vs. MU.
K-stocks or US-stocks for your semi exposure? 🤔
#SKHynix #Memory #Investing
⚠️ Disclaimer: Not financial advice. Always conduct your own research.
🔍 Technical Snapshot:
• Price: ₩1,645,000 (+3.26%)
• RSI: 47.2 — neutral territory, no overbought/oversold signal
• Trend: Uptrend on short-term, but still 43.6% below 3-month high
• Volume: 4.5M (0.71x avg) — below average, lacks conviction
• Price below SMA50 (₩2,043,380) — still in recovery mode
🧠 The Story:
SK Hynix is the HBM kingpin — they supply Nvidia's top AI chips. The stock sold off hard from ₩2.9M to ₩1.3M (a 55% drop!) and is now recovering. Today's bounce is part of that recovery, but the stock needs to clear ₩1.7M-1.8M convincingly to confirm the trend change.
📍 Key Levels:
• Support: ₩1,504,000 (recent consolidation)
• Resistance: ₩2,628,000 (major level)
• The ₩1.5M-1.65M zone is make-or-break
⚡ Memory cycles are bottoming. If you believe in AI demand, this is the value play vs. MU.
K-stocks or US-stocks for your semi exposure? 🤔
#SKHynix #Memory #Investing
⚠️ Disclaimer: Not financial advice. Always conduct your own research.