$SKHYNIX bearish news on the market—why is the crypto price still rising?
The memory sector has started to lead—Hynix is leading the way. This round of leading gains is mainly driven by the rise in Korean stocks. The largest advance is, in particular, Hynix, while Sandisk’s rise has actually slowed down!!
Just now, new market information was released: Kyocera denied any cooperation with Hynix. After that news came out, the crypto price was quickly suppressed, and attempts to break through 1400 failed. This shows that sell pressure overhead and news flow both affect the memory-sector stock trend.
For today, Min Jie’s personal trading suggestions: Hynix has already rebounded and is mainly set for selling at higher levels. The larger trend is bearish. For those who want to stay safe, look for a rebound up to around 1410 to go short; placing limit orders is also fine. The first target is 1350.
The memory sector has started to lead—Hynix is leading the way. This round of leading gains is mainly driven by the rise in Korean stocks. The largest advance is, in particular, Hynix, while Sandisk’s rise has actually slowed down!!
Just now, new market information was released: Kyocera denied any cooperation with Hynix. After that news came out, the crypto price was quickly suppressed, and attempts to break through 1400 failed. This shows that sell pressure overhead and news flow both affect the memory-sector stock trend.
For today, Min Jie’s personal trading suggestions: Hynix has already rebounded and is mainly set for selling at higher levels. The larger trend is bearish. For those who want to stay safe, look for a rebound up to around 1410 to go short; placing limit orders is also fine. The first target is 1350.
