$SKHYNIX Is Hynix really going to break below its previous low of 853? What the heck 🤯🤯
When the US stock market opened last night, Sandisk and Hynix surprisingly didn't follow the broader market trend. Instead, they kept drifting lower.
A lot of market capital has flowed into Bitcoin and Ethereum, leaving insufficient buying support. So this rebound is nothing more than a recovery rally.
I don't recommend trying to buy the dip in the short term. It's better to wait and see. If the market holds above 952, you can consider buying the dip. If it can't hold above 936, the downtrend will continue!!
When the US stock market opened last night, Sandisk and Hynix surprisingly didn't follow the broader market trend. Instead, they kept drifting lower.
A lot of market capital has flowed into Bitcoin and Ethereum, leaving insufficient buying support. So this rebound is nothing more than a recovery rally.
I don't recommend trying to buy the dip in the short term. It's better to wait and see. If the market holds above 952, you can consider buying the dip. If it can't hold above 936, the downtrend will continue!!
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