TheChartThinker

#krxhaltskospiafterchipselloff Trade setup — $SKHY ADR (long bounce): 💥Entry zone: $139-$142. The 52-week low at $139 is the line in the sand. Look for a reclaim of $142 with volume for confirmation. 💥Stop: $135 (-3% from entry). If $135 breaks, the next support is $125-$130 — do not catch this knife. 💥Targets: $155 (first resistance) then $160. 💥Risk-reward sits at ~2.5:1. KOSPI triggered a circuit breaker at open — down 8% intraday. Samsung -9%, SK Hynix -11%, Nikkei -4%. SKHY ADR hit $139.01 — the 52-week low — before bouncing to $143.02 (-7.47%). On 49.6M shares, triple the average. The CXMT structural shock is real, but SK Hynix remains Nvidia's sole HBM3E supplier, and $750B+ in AI capex is slated for 2026. Catalysts this week: Earnings from Samsung, SK Hynix, and Kioxia. If CXMT fears are already priced in and HBM demand guidance holds, this snapback could be violent — especially with the new 2x leveraged SK Hynix ETFs launching today, which add gamma to both sides. Invalidation: Below $135 and the narrative shifts from "oversold" to "structural breakdown." Reassess. Not financial advice. $NVDA.US $SNDK #USStorageStocksExtendLosses #CXMTStarMarketIPORaises57.9BYuan #AIFearsSink10SP500StocksOver40% #OilDropsAbout6%