đ°đ· SK Hynix at â©1,730,000 (+2.49%) in a strong uptrend. The HBM king is flexing its muscles again.
đ Technical Snapshot:
Price is above the 5-day (â©1,699,400), 10-day (â©1,658,800), and 20-day (â©1,585,300) moving averages â a textbook bullish alignment. RSI at 51 is perfectly neutral with room to run in either direction. The 2.49% daily gain shows controlled buying, not speculative frenzy.
However, volume at 0.65x average suggests the rally lacks conviction. The MACD is negative (-43,883) with a negative histogram â a warning that the uptrend could lose steam.
đ Key Levels:
Support: â©1,500,000 (psychological level)
Resistance: â©2,628,000 (near 3-month high zone)
3-month range: â©1,322,000ââ©2,919,000
Currently -40.7% from highs but +30.9% from lows â in recovery mode.
⥠Why It Matters: SK Hynix is the world's #2 memory maker and the dominant HBM supplier for NVIDIA. Every AI chip order is a Hynix order. The recovery from â©1.32M lows could have much further to go if HBM demand stays strong.
Is the memory cycle turning? Bull or bear on Hynix? đŸ
#SKHynix #Memory #DYOR
â ïž Not financial advice. International stocks carry currency and geopolitical risks. Always research before investing.
đ Technical Snapshot:
Price is above the 5-day (â©1,699,400), 10-day (â©1,658,800), and 20-day (â©1,585,300) moving averages â a textbook bullish alignment. RSI at 51 is perfectly neutral with room to run in either direction. The 2.49% daily gain shows controlled buying, not speculative frenzy.
However, volume at 0.65x average suggests the rally lacks conviction. The MACD is negative (-43,883) with a negative histogram â a warning that the uptrend could lose steam.
đ Key Levels:
Support: â©1,500,000 (psychological level)
Resistance: â©2,628,000 (near 3-month high zone)
3-month range: â©1,322,000ââ©2,919,000
Currently -40.7% from highs but +30.9% from lows â in recovery mode.
⥠Why It Matters: SK Hynix is the world's #2 memory maker and the dominant HBM supplier for NVIDIA. Every AI chip order is a Hynix order. The recovery from â©1.32M lows could have much further to go if HBM demand stays strong.
Is the memory cycle turning? Bull or bear on Hynix? đŸ
#SKHynix #Memory #DYOR
â ïž Not financial advice. International stocks carry currency and geopolitical risks. Always research before investing.