$SKHYNIX Why did SK Hynix surge sharply in the short term?
Recently, the storage sector has continued to strengthen, and SK Hynix has now broken through the 1300 resistance level. From the current market action, the earlier favorable news has not yet been fully realized; it only rose alongside SanDisk’s lead. The current rise in the market is a typical catch-up rally.
In addition, Nomura Securities reiterated its Buy rating on SK Hynix on September 4. On September 7, according to my own analysis, foreign investors and institutions had cumulatively bought 700 billion KRW, while retail investors had a net sell of 714 billion KRW. It is a classic case of retail investors exiting while institutions take over.
With institutions joining in, when the U.S. market opens tonight, could it push toward 1400? The market has a lag effect, and news comes first. Recognize the Wanjia Army and seize your first bucket of gold in life 👇👇👇
#SKHYNIX #SKHy
Recently, the storage sector has continued to strengthen, and SK Hynix has now broken through the 1300 resistance level. From the current market action, the earlier favorable news has not yet been fully realized; it only rose alongside SanDisk’s lead. The current rise in the market is a typical catch-up rally.
In addition, Nomura Securities reiterated its Buy rating on SK Hynix on September 4. On September 7, according to my own analysis, foreign investors and institutions had cumulatively bought 700 billion KRW, while retail investors had a net sell of 714 billion KRW. It is a classic case of retail investors exiting while institutions take over.
With institutions joining in, when the U.S. market opens tonight, could it push toward 1400? The market has a lag effect, and news comes first. Recognize the Wanjia Army and seize your first bucket of gold in life 👇👇👇
#SKHYNIX #SKHy
