Hynix’s shocking comeback! A sudden black swan attack from a union strike—players ask: Can you still hold a 1160 short and make it work?
While others panic, I get greedy! The union vetoed the wage agreement, the broader market plunged 2.4%, yet Hynix opened weak but rallied strongly to close up in the red—this isn’t just a stop to the downtrend, what is it then?
Market news: bad news is exhausted, good news follows!
This morning, the Korean KOSPI index opened down 2.4%, Samsung fell 3%, and Hynix even dipped as much as 4% at one point. To make it worse, Hynix’s union has just rejected the wage deal with management—stacking bad news on top of bad news, but the stock price won’t budge downward! If bad news doesn’t keep falling, that’s a bottoming feature. The market has already fully digested the bearish expectations; instead, funds are quietly accumulating shares.
Technical picture: clear signs of a volume-backed trend stop!
Today, after an opening sharp selloff to 1130, it quickly bounced and printed a long lower-shadow bullish candle. Most importantly, the trading volume surged dramatically—this is the classic volume-backed trend-stopping and rebound/holding pattern! RSI1 dropped to 22.50, entering the oversold zone, then rebounded. MACD’s green histogram bars have begun to contract, and bearish momentum is running out.
Tactical strategy (Shence Plan):
Aggressive traders can try a light long position in the 1150–1140 zone. The first target is 1180–1200! Control position size and enter in batches.
My personal view:
This pin/bar today is most likely the low point of the current pullback. If you’re stuck in a losing position and don’t know how to act, find Shence on the homepage, bring your position screenshot, and Shence will help you build a plan to get back to even! Bottoms don’t wait!
#BTC触及80000美元 $SKHYNIX
While others panic, I get greedy! The union vetoed the wage agreement, the broader market plunged 2.4%, yet Hynix opened weak but rallied strongly to close up in the red—this isn’t just a stop to the downtrend, what is it then?
Market news: bad news is exhausted, good news follows!
This morning, the Korean KOSPI index opened down 2.4%, Samsung fell 3%, and Hynix even dipped as much as 4% at one point. To make it worse, Hynix’s union has just rejected the wage deal with management—stacking bad news on top of bad news, but the stock price won’t budge downward! If bad news doesn’t keep falling, that’s a bottoming feature. The market has already fully digested the bearish expectations; instead, funds are quietly accumulating shares.
Technical picture: clear signs of a volume-backed trend stop!
Today, after an opening sharp selloff to 1130, it quickly bounced and printed a long lower-shadow bullish candle. Most importantly, the trading volume surged dramatically—this is the classic volume-backed trend-stopping and rebound/holding pattern! RSI1 dropped to 22.50, entering the oversold zone, then rebounded. MACD’s green histogram bars have begun to contract, and bearish momentum is running out.
Tactical strategy (Shence Plan):
Aggressive traders can try a light long position in the 1150–1140 zone. The first target is 1180–1200! Control position size and enter in batches.
My personal view:
This pin/bar today is most likely the low point of the current pullback. If you’re stuck in a losing position and don’t know how to act, find Shence on the homepage, bring your position screenshot, and Shence will help you build a plan to get back to even! Bottoms don’t wait!
#BTC触及80000美元 $SKHYNIX
