$SKHYNIX
SK hynix
The key support at 996 has been broken, which means this rebound is over and the market will start looking for a bottom again!
If we view the overall move from the high as an ABC correction, the expected support zone below to watch is 750–720!~
Price showed no reaction at 996 and broke straight through. The previous low below may show signs of support, but overall, it’s best to wait for the 750–720 zone. If a clear rebound from support occurs there, you can plan to buy the dip!
SK hynix
The key support at 996 has been broken, which means this rebound is over and the market will start looking for a bottom again!
If we view the overall move from the high as an ABC correction, the expected support zone below to watch is 750–720!~
Price showed no reaction at 996 and broke straight through. The previous low below may show signs of support, but overall, it’s best to wait for the 750–720 zone. If a clear rebound from support occurs there, you can plan to buy the dip!