SK Hynix just surged +2.49% and the trend is strongly bullish. Memory season is here 💾
The Korean chip giant is trading at ₩1,730,000 with declining volume (0.65x), but the price action speaks louder. RSI at 51.1 is neutral with tons of room. MACD is negative but improving — price is rallying faster than the indicator, which often resolves with the MACD catching up (bullish crossover incoming).
Here's the picture: SK Hynix has rallied 30.9% from its 3-month low of ₩1,322,000 but remains 40.7% below the 3-month high of ₩2,919,000. Price is above SMA5 (₩1,699,400) and SMA10 (₩1,658,800) but still below SMA50 (₩1,967,080) — which means the next big test is the ₩1.97M level.
The memory sector is heating up. AI demand is driving DRAM and HBM (High Bandwidth Memory) pricing higher. SK Hynix is the
#2 global memory maker and the primary HBM supplier for NVIDIA's AI chips. When memory pricing cycles turn up, these stocks move 50-100% in months.
Key Levels 📊
Support: ₩1,658,800 (SMA10) → ₩1,500,000 (major)
Resistance: ₩1,967,080 (SMA50) → ₩2,628,000 (major)
Entry Zone: ₩1,680,000 — ₩1,740,000
Stop Loss: ₩1,500,000 (psychological + major support)
TP1: ₩1,950,000 | TP2: ₩2,200,000 | TP3: ₩2,600,000
R:R ≈ 1:1.1 on TP1
The semiconductor cycle is your friend here. Buy weakness, sell euphoria.
SK Hynix back to ₩2M or more consolidation ahead? 👇
#SKHynix #Memory #DYOR
⚠️ Not financial advice. DYOR. Stock markets carry risk.