đ°đ· SK Hynix at â©1,720,000 (+2.5%) with 'strong uptrend' confirmed. RSI 50.8 = neutral. The AI memory war is heating up and Hynix is leading the charge.
Technical Snapshot:
âą Price: â©1.72M | RSI: 50.8 (neutral but trending up)
âą Support: â©1.5M | Resistance: â©2.63M
âą Still 41% below 3-month high â massive room
âą All short-term MAs aligned bullish
Why This Matters?
SK Hynix dominates HBM (High Bandwidth Memory) for NVIDIA's AI chips. When the stock is in a strong uptrend with neutral RSI, it means the trend has room to run without being overextended. Volume declining is normal in consolidation.
Key Levels: â©1.5M support is the line in the sand. Break above â©2M = psychological momentum. â©2.63M resistance is the real test.
Is SK Hynix a better AI memory play than Micron? Or is the KRW discount justified? đ
#SKHynix #AI #Semiconductors #DYOR
â ïž Not financial advice. Do your own research.
Technical Snapshot:
âą Price: â©1.72M | RSI: 50.8 (neutral but trending up)
âą Support: â©1.5M | Resistance: â©2.63M
âą Still 41% below 3-month high â massive room
âą All short-term MAs aligned bullish
Why This Matters?
SK Hynix dominates HBM (High Bandwidth Memory) for NVIDIA's AI chips. When the stock is in a strong uptrend with neutral RSI, it means the trend has room to run without being overextended. Volume declining is normal in consolidation.
Key Levels: â©1.5M support is the line in the sand. Break above â©2M = psychological momentum. â©2.63M resistance is the real test.
Is SK Hynix a better AI memory play than Micron? Or is the KRW discount justified? đ
#SKHynix #AI #Semiconductors #DYOR
â ïž Not financial advice. Do your own research.