$SKHYNIX Hynix really is hard as a rock—Sandisk has already gone down to 1721, but Hynix is still stuck at 1370 and won’t come down.

They deny the cooperation but still stubbornly hold on. I don’t recommend chasing a short. The value-for-money is higher, and it still needs to rebound—short opportunities are better around the 1390 area. Hynix’s performance this time is even stronger than Sandisk’s. Memory stocks are being dragged down hard by Hynix and can’t go lower. Sandisk keeps refreshing new lows, while here the stock keeps making new highs and testing the top. Sister Luo is still bearish. No matter how much Hynix rises, it will still drop hard.

A rebound is an opportunity to short from high levels!
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