#SKHYNIX
SK Hynix
Buying back 400 billion won worth of treasury shares—representing 3.3% of the company’s stake. Judging by how the guys from Korea feel, shouldn’t we see a wave of follow-up gains after this?
This rebound has already fallen just short of SanDisk and Micron by a notch. If this positive development can continue to provide momentum and boost Korean sentiment, it’s not impossible for it to catch up and rally toward the 1566 area near the 0.618 level!
Keep an eye on it to see if there’s an opportunity to trade!
SK Hynix
Buying back 400 billion won worth of treasury shares—representing 3.3% of the company’s stake. Judging by how the guys from Korea feel, shouldn’t we see a wave of follow-up gains after this?
This rebound has already fallen just short of SanDisk and Micron by a notch. If this positive development can continue to provide momentum and boost Korean sentiment, it’s not impossible for it to catch up and rally toward the 1566 area near the 0.618 level!
Keep an eye on it to see if there’s an opportunity to trade!