$SKHYNIX
đ¨đ¨ Why did SK Hynix shares take a hammering? What actually happened?
âHere is the breakdown: a savage wave of foreign selling smashed the Korean market, clearing over 2 trillion won, alongside mounting fears of an "AI bubble" and Chinese firm CXMT making major headway in advanced DRAM tech (4F² architecture), with plans to drop DDR5 products by the end of 2026
This poses a proper threat to Korean chipmakers' market share. That pressure bled straight across into both Korean equities and US chip stocks
$SKHYNIX
âThe trend is dead bearish, with the price sitting below all moving averages alongside a negative MACD
âMost Likely Scenario (continuation down): A break below 1,095 opens the floodgates down to 1,070, then 1,040
âEntry: Short on a bounce up to 1,130â1,150, or on the break of 1,095
âTargets: 1,070 \rightarrow 1,040 \rightarrow 1,000
âStop-Loss: Just above 1,165
âAny strong bounce over 1,170 could temporarily invalidate the setup. Keep a close eye on trading volume and the 1,095 level
$SKHYNIX
#SKHynixSharesDrop7.1%
đ¨đ¨ Why did SK Hynix shares take a hammering? What actually happened?
âHere is the breakdown: a savage wave of foreign selling smashed the Korean market, clearing over 2 trillion won, alongside mounting fears of an "AI bubble" and Chinese firm CXMT making major headway in advanced DRAM tech (4F² architecture), with plans to drop DDR5 products by the end of 2026
This poses a proper threat to Korean chipmakers' market share. That pressure bled straight across into both Korean equities and US chip stocks
$SKHYNIX
âThe trend is dead bearish, with the price sitting below all moving averages alongside a negative MACD
âMost Likely Scenario (continuation down): A break below 1,095 opens the floodgates down to 1,070, then 1,040
âEntry: Short on a bounce up to 1,130â1,150, or on the break of 1,095
âTargets: 1,070 \rightarrow 1,040 \rightarrow 1,000
âStop-Loss: Just above 1,165
âAny strong bounce over 1,170 could temporarily invalidate the setup. Keep a close eye on trading volume and the 1,095 level
$SKHYNIX
#SKHynixSharesDrop7.1%