Even if Micron/“Hynix” in the chart continues to rise next week, it would probably first pull back. The 1155 support level has already been tested twice; if it tests again, it will most likely break directly through. You can see supports around 1100 and 1056 below.
If 1155 breaks on an hourly level or higher, there is a good chance it could reach there. But it’s also possible that tomorrow Monday at 8:00 AM there is a gap up and a breakout toward the 1260 resistance level, followed by a pullback downward. So it all depends on whether 1155 breaks or not. For those who want to be cautious, you can wait to check again after the Korean stock market opens tomorrow at 8:00 AM. $SKHYNIX
If 1155 breaks on an hourly level or higher, there is a good chance it could reach there. But it’s also possible that tomorrow Monday at 8:00 AM there is a gap up and a breakout toward the 1260 resistance level, followed by a pullback downward. So it all depends on whether 1155 breaks or not. For those who want to be cautious, you can wait to check again after the Korean stock market opens tomorrow at 8:00 AM. $SKHYNIX