๐ฐ๐ท SK Hynix (000660.KS) up +1.03% to โฉ1,662,000 โ quietly building a base while everyone's distracted by US markets.
๐ Technical Snapshot:
โข Price: โฉ1,662,000 (+1.03%)
โข RSI: 48.1 โ neutral, room to run in either direction
โข Trend: Uptrend on short-term MAs, but below SMA50 (โฉ2,035,220)
โข Volume: 5.1M shares, declining (0.78x ratio) โ consolidation, not distribution
MACD is negative but histogram is contracting โ bearish momentum is fading.
๐ง The Setup:
SK Hynix is down 43.1% from its 3-month high of โฉ2,919,000 but up 25.7% from the low. The stock is caught between short-term recovery and medium-term correction.
As the world's
#2 memory maker and the dominant HBM supplier to NVIDIA, any uptick in AI capex flows directly to Hynix's bottom line.
๐ Key Levels:
๐ข Support: โฉ1,504,000 (key floor)
๐ด Resistance: โฉ2,035,000 (SMA50) โ โฉ2,628,000
Watch for a break above โฉ1,700,000 with volume as a bullish confirmation.
๐ฌ Is HBM the most underappreciated AI play? Bull or bear case? ๐ค
#SKHynix #Semiconductors #KRX #DYOR
โ ๏ธ Disclaimer: Not financial advice. International stocks carry currency risk. DYOR.