$SKHYNIX
Tonight the news flow came out. Overall, for US stocks, it hasn’t dropped too much—mainly because I always prioritize risk-to-reward. My stop-loss has always been around 1.5 points. Today, I just narrowly lost. Winning 11 straight days and getting one wrong trade isn’t scary. What’s scary is not having the courage.
At the moment, the probability of a rate hike in market sentiment has reached 70%. Of course, personally, I don’t think there will be a rate hike. Since Bitcoin and Ethereum were at 1800, I’ve been saying that the next move for Bitcoin and Ethereum might really surge strongly. Also, Hynix still hasn’t broken down. I’m placing a bet on a long position at the 1360 level. The stop-loss goes at 1340. I think the risk-to-reward is still very good.
Including tomorrow night’s CPI data—I personally think there’s a real possibility of a major surprise either way. It could spike straight up with a single “needle,” and we don’t know how high it will go. Tomorrow morning at 7:30, I’ll go live. Overall, the storage sector hasn’t dropped too much.
Originally, based on my normal logic, if Sandisk breaks below 1700, it would likely go to test 1600. But the support below is incredibly strong, and the volatility also isn’t that big. According to my logic, the outlook from here is still bullish
Tonight the news flow came out. Overall, for US stocks, it hasn’t dropped too much—mainly because I always prioritize risk-to-reward. My stop-loss has always been around 1.5 points. Today, I just narrowly lost. Winning 11 straight days and getting one wrong trade isn’t scary. What’s scary is not having the courage.
At the moment, the probability of a rate hike in market sentiment has reached 70%. Of course, personally, I don’t think there will be a rate hike. Since Bitcoin and Ethereum were at 1800, I’ve been saying that the next move for Bitcoin and Ethereum might really surge strongly. Also, Hynix still hasn’t broken down. I’m placing a bet on a long position at the 1360 level. The stop-loss goes at 1340. I think the risk-to-reward is still very good.
Including tomorrow night’s CPI data—I personally think there’s a real possibility of a major surprise either way. It could spike straight up with a single “needle,” and we don’t know how high it will go. Tomorrow morning at 7:30, I’ll go live. Overall, the storage sector hasn’t dropped too much.
Originally, based on my normal logic, if Sandisk breaks below 1700, it would likely go to test 1600. But the support below is incredibly strong, and the volatility also isn’t that big. According to my logic, the outlook from here is still bullish
