After the Nasdaq index hit a new high, there was a pullback, and it hasn’t been fixed yet. But since the Korean stock market isn’t open today, I’m still waiting for it to open. If SK hynix $SKHYNIX can come down again, then we’ll see whether that level around 1326 can be broken down toward 1300. That would be a good take-profit target for short positions. That’s the kind of structure we want. Recently, I’ve been looking to do longer setups with shorter profit targets, so I won’t place the take-profit too high.
Earlier, it dropped down, and it hasn’t yet surpassed the previous high. For the long side, most of the opportunities are after the second-wave correction, specifically in the final wave rebound range. If that rebound range can be completed, then the structure is considered valid.
Still, we need to keep an eye on short positions. For long positions, what matters is that the market is already stabilized and you don’t go for moves that are too large in direction.
#AI stocks continue to rise—what other investment opportunities are there?
Earlier, it dropped down, and it hasn’t yet surpassed the previous high. For the long side, most of the opportunities are after the second-wave correction, specifically in the final wave rebound range. If that rebound range can be completed, then the structure is considered valid.
Still, we need to keep an eye on short positions. For long positions, what matters is that the market is already stabilized and you don’t go for moves that are too large in direction.
#AI stocks continue to rise—what other investment opportunities are there?
