$SKHYNIX As mentioned earlier, the fifth pink-line leg could only end after a rebound of more than 87,000 points. It has now successfully rebounded by more than 87,000 points, and the pink line’s decline has finally ended. The bulls can take a breather.
The orange line is wave 1, the yellow line is WXY, the green line is the XX wave, and the pink line is the Z-A wave. The pink line has now ended, and a correction is beginning. After the correction, there will still be a Z-C wave decline, which will continue to make new lows. Once the Z-C wave ends, there will be either a large-scale rebound or a new uptrend, recovering at least 70% of the decline. Resistance is at 1463000. A decline in the Z wave to 1144000–1103000 is the normal expectation.
The orange line is wave 1, the yellow line is WXY, the green line is the XX wave, and the pink line is the Z-A wave. The pink line has now ended, and a correction is beginning. After the correction, there will still be a Z-C wave decline, which will continue to make new lows. Once the Z-C wave ends, there will be either a large-scale rebound or a new uptrend, recovering at least 70% of the decline. Resistance is at 1463000. A decline in the Z wave to 1144000–1103000 is the normal expectation.