$SNDK $SKHYNIX The U.S. stock market is about to open. The daily chart for the memory sector is starting to look better. SK Hynix has support around 900 and has yet to break below it in the short term!!
SK Hynix is building out its supply chain and industrial ecosystem, providing 2 trillion won in support for domestic suppliers. This reflects how tight memory supply still is. Several institutions, including Citi, are collectively bullish. The short-term rebound is nearing its end, but a new one is on the way. The broader trend ahead still favors long positions.
The price quickly bounced after falling to 902, and is now at 916. The long-term target is 1,200, while the short-term target is 1,000. The U.S. stock market is about to open—let’s wait and see 👀👀
#SNDK #SKHYNIX
SK Hynix is building out its supply chain and industrial ecosystem, providing 2 trillion won in support for domestic suppliers. This reflects how tight memory supply still is. Several institutions, including Citi, are collectively bullish. The short-term rebound is nearing its end, but a new one is on the way. The broader trend ahead still favors long positions.
The price quickly bounced after falling to 902, and is now at 916. The long-term target is 1,200, while the short-term target is 1,000. The U.S. stock market is about to open—let’s wait and see 👀👀
#SNDK #SKHYNIX