🚨 The KOSPI has just entered an overbought territory.
🟢🟢🟢 I remain optimistic on Korea’s risk assets at the moment — but I don’t intend to chase the top.
The KOSPI climbed nearly 5% today, triggering a buy-sidecar, while semiconductor stocks led the move.
It is a strong momentum signal.
Samsung Electronics and SK hynix were among the top standouts, with investors restarting their bets on South Korean chips.
The big question now is: are we seeing the start of a new bullish leg driven by semiconductors, or is this a move where traders should slow down and avoid chasing the peak?
#kospirisesnearly5%triggersbuysidesidecar