While NVDA gets all the headlines, SK Hynix is the company actually making the memory chips inside every AI accelerator. Today: โฉ1,654,000 (+0.55%). Boring? Maybe. Smart money loves boring.
๐ Technical Snapshot:
Price: โฉ1,654,000 | RSI: 47.7 (neutral โ accumulation zone)
5 SMA(โฉ1,564K) < price = short-term bullish
50 SMA(โฉ2,035K) >> price = still recovering from selloff
๐ง Why Hynix Matters:
HBM market share: SK Hynix ~50%, Samsung ~40%, Micron ~10%. If you believe in AI infrastructure buildout, Hynix is the purest HBM play. The stock is 43% below its 3-month high โ that's a discount if the thesis holds.
The neutral RSI is key: this isn't a momentum chase. It's a "position yourself quietly" level.
๐ Key Levels:
โข Support: โฉ1,504,000 | โฉ1,322,000 (3-month low)
โข Resistance: โฉ2,035,000 (50 SMA) | โฉ2,628,000
โข Strategy: Accumulate on weakness, patience required
๐ฌ Would you rather own Hynix or Micron for the memory trade? ๐
#SKHynix #HBM #AIStocks
โ ๏ธ Disclaimer: Not financial advice. Foreign stocks carry currency risk. DYOR.