The South Korean chip market is directly exploding today!
KOSPI rose 1.53%, Hynix up 2.49%!
Samsung Electronics rose 1.72%, SK Hynix also rose 2.49%, and overall sentiment in the South Korean stock market has clearly warmed up.
Asian chips steadied first, which helped support the U.S. stock storage (memory) sector tonight.
But don’t get too excited yet—
The real test is still tonight when the U.S. stock market opens.
Around the SNDK order book 1550: after the daily chart dropped sharply from the 2373 high, it has recently been repeatedly trading back and forth in the 1500–1600 range.
Personal trading advice:
1500–1520 is the key defense zone.
Hold it, and you can lightly try going long; if it rebounds to 1580–1620, reduce positions and take profit.
There is clearly heavy pressure in this area—don’t linger.
If it breaks below 1500, wait and observe.
Don’t rush to buy the dip; enter only after a confirmed downtrend-stop signal appears.
Position size must be kept light.
Tonight’s U.S. market open sentiment is not set yet—don’t make a heavy bet on direction.
It’s good that Asia is up first, but SNDK hasn’t truly stabilized yet.
#SNKD
KOSPI rose 1.53%, Hynix up 2.49%!
Samsung Electronics rose 1.72%, SK Hynix also rose 2.49%, and overall sentiment in the South Korean stock market has clearly warmed up.
Asian chips steadied first, which helped support the U.S. stock storage (memory) sector tonight.
But don’t get too excited yet—
The real test is still tonight when the U.S. stock market opens.
Around the SNDK order book 1550: after the daily chart dropped sharply from the 2373 high, it has recently been repeatedly trading back and forth in the 1500–1600 range.
Personal trading advice:
1500–1520 is the key defense zone.
Hold it, and you can lightly try going long; if it rebounds to 1580–1620, reduce positions and take profit.
There is clearly heavy pressure in this area—don’t linger.
If it breaks below 1500, wait and observe.
Don’t rush to buy the dip; enter only after a confirmed downtrend-stop signal appears.
Position size must be kept light.
Tonight’s U.S. market open sentiment is not set yet—don’t make a heavy bet on direction.
It’s good that Asia is up first, but SNDK hasn’t truly stabilized yet.
#SNKD
