SKHYNIX I swear, yesterday it was acting like a respectable tough guy with a straight face, and today the daily chart has a big red bearish candle straight away—taking off the last of my underwear. The price is ground down under the pressure of two moving averages, the 4-hour direction is locked downward, and it hovered right along the day’s low all day. Any bounce can’t even catch its breath—there’s no momentum to speak of. If you want to turn around, there isn’t even a step for your foot to land on. In my view, the big players’ books are the most honest: over the past seven hours, the long-position ratio has dropped noticeably—real money is quietly exiting, no hesitation at all. So who’s still calling this a “shakeout”? Anyone saying that is basically leading the way for a bag-holder to come in.
