1080 long orders got trapped for 50 points! Don’t panic—Shence tells you where the key line of defense is!
Being trapped in a position isn’t scary. What’s scary is not knowing why you got trapped, and not knowing what to do next.
Brothers, 1080 is chasing multiple long orders of SK Hynix. You’re currently down 50 points, and that definitely feels unsettling. Shence breaks it down for you: being trapped isn’t the real problem—the key is knowing how to handle it.
First, the news flow: bad news is being digested, while institutions are picking up shares. Korea’s KOSPI has fallen for the seventh straight week. Today, the stock of Hynix is down over 4%. But note—UBS, Goldman Sachs, and JPMorgan all collectively reiterated “Buy” ratings, believing the pullback in the share price is unjustified. On Tuesday, ADR surged more than 8% at one point, but it fell back due to broader market pressure. Institutions are using fear to accumulate.
Technicals: bears have the advantage, but oversold signals have appeared. The daily MA25 at 1047 is the technical reason you’re trapped—1080 is exactly being pinned down by this line. However, the RSI has entered the oversold zone, and bearish momentum is nearing exhaustion. A technical rebound could be just around the corner.
Key line of defense: In the short term, watch 1010 support first. As long as it doesn’t break, hold your position and wait for the rebound. The first upside target is 1050–1060, and the second is 1080–1100. If 1010 breaks, the strong support below is at 995.
My take: the long-term logic for memory chips hasn’t changed. This move is a healthy correction in the sector. Don’t cut loss in panic—wait for the rebound to reach the key levels, then decide whether to stay or leave.
Want to know how your long positions should be handled? Follow/subscribe, comment “1” in the comment section, and include a screenshot of your holdings. Shence will customize a one-on-one de-trapping plan for you! #SK海力士拟191万亿韩元投建M17工厂 $SKHYNIX
Being trapped in a position isn’t scary. What’s scary is not knowing why you got trapped, and not knowing what to do next.
Brothers, 1080 is chasing multiple long orders of SK Hynix. You’re currently down 50 points, and that definitely feels unsettling. Shence breaks it down for you: being trapped isn’t the real problem—the key is knowing how to handle it.
First, the news flow: bad news is being digested, while institutions are picking up shares. Korea’s KOSPI has fallen for the seventh straight week. Today, the stock of Hynix is down over 4%. But note—UBS, Goldman Sachs, and JPMorgan all collectively reiterated “Buy” ratings, believing the pullback in the share price is unjustified. On Tuesday, ADR surged more than 8% at one point, but it fell back due to broader market pressure. Institutions are using fear to accumulate.
Technicals: bears have the advantage, but oversold signals have appeared. The daily MA25 at 1047 is the technical reason you’re trapped—1080 is exactly being pinned down by this line. However, the RSI has entered the oversold zone, and bearish momentum is nearing exhaustion. A technical rebound could be just around the corner.
Key line of defense: In the short term, watch 1010 support first. As long as it doesn’t break, hold your position and wait for the rebound. The first upside target is 1050–1060, and the second is 1080–1100. If 1010 breaks, the strong support below is at 995.
My take: the long-term logic for memory chips hasn’t changed. This move is a healthy correction in the sector. Don’t cut loss in panic—wait for the rebound to reach the key levels, then decide whether to stay or leave.
Want to know how your long positions should be handled? Follow/subscribe, comment “1” in the comment section, and include a screenshot of your holdings. Shence will customize a one-on-one de-trapping plan for you! #SK海力士拟191万亿韩元投建M17工厂 $SKHYNIX
