💾 SK Hynix at ₩1,653,000 — down 2.07% and caught in a consolidation that's been grinding for weeks.
The Korean memory giant shows RSI at 51 (dead neutral) with MACD turning negative at -43,883. Volume is declining at 63% of average — the market lacks conviction. Price sits above SMA20 (₩1,585,300) but well below SMA50 (₩1,967,080).
📊 Key Levels:
• Support: ₩1,500,000 (psychological + technical)
• Resistance: ₩1,967,000 (SMA50) then ₩2,628,000 (3-month high zone)
• 3-month range: ₩1,322,000 - ₩2,919,000 (currently 43% below high)
💡 Why It Matters:
Hynix is the world's #2 memory maker and a key AI beneficiary. The 43% pullback from highs has been painful, but the consolidation near ₩1.65M is building a base. Declining volume suggests sellers are exhausted.
🤔 Is SK Hynix a better value play than Micron right now? 🇰🇷 vs 🇺🇸
#SKHynix #MemoryChip #DYOR
⚠️ Disclaimer: Not financial advice. Do your own research. Trade only what you can afford to lose.
The Korean memory giant shows RSI at 51 (dead neutral) with MACD turning negative at -43,883. Volume is declining at 63% of average — the market lacks conviction. Price sits above SMA20 (₩1,585,300) but well below SMA50 (₩1,967,080).
📊 Key Levels:
• Support: ₩1,500,000 (psychological + technical)
• Resistance: ₩1,967,000 (SMA50) then ₩2,628,000 (3-month high zone)
• 3-month range: ₩1,322,000 - ₩2,919,000 (currently 43% below high)
💡 Why It Matters:
Hynix is the world's #2 memory maker and a key AI beneficiary. The 43% pullback from highs has been painful, but the consolidation near ₩1.65M is building a base. Declining volume suggests sellers are exhausted.
🤔 Is SK Hynix a better value play than Micron right now? 🇰🇷 vs 🇺🇸
#SKHynix #MemoryChip #DYOR
⚠️ Disclaimer: Not financial advice. Do your own research. Trade only what you can afford to lose.