$SKHYNIX I’m leading the crew in this move to take it to 1,200!!!
The storage sector has recently been oversold. Wange is leading the crew in buying the dip at the bottom and building a long-term position, with a target of 1,200. Recently, tight supply and shortages in storage have become a concern again, along with other issues.
The bearish news from earlier has already been priced in. Short-term support is at 900, with the strongest support at 850. Korean stocks will likely open higher tomorrow morning. Most of the highly leveraged long positions in futures contracts have already been shaken out.
#SKHYNIX #SKHy
The storage sector has recently been oversold. Wange is leading the crew in buying the dip at the bottom and building a long-term position, with a target of 1,200. Recently, tight supply and shortages in storage have become a concern again, along with other issues.
The bearish news from earlier has already been priced in. Short-term support is at 900, with the strongest support at 850. Korean stocks will likely open higher tomorrow morning. Most of the highly leveraged long positions in futures contracts have already been shaken out.
#SKHYNIX #SKHy