📉 SK Hynix Down -4.88% — Memory Chip Sector in Full Retreat

SK Hynix dropped nearly 5% to ₩1,422,000, now -51% from its 3-month high. RSI at 39 (leaning bearish) with price well below ALL moving averages. This is a strong downtrend.

📊 Technical Snapshot:
Price: ₩1,422,000 | SMA5: ₩1,546K | SMA20: ₩1,725K | SMA50: ₩2,125K
Every single SMA is above price and sloping down. MACD deeply negative. This is textbook bearish structure.

🧠 The Contrarian Case:
Hynix is the world's #2 memory maker and a critical HBM supplier for AI chips. At -51% from highs with RSI approaching oversold, this is where value investors start watching. But don't catch the knife yet — wait for RSI divergence or a higher low.

📋 Key Levels:
🔵 Support: ₩1,322,000 (3-month low — critical!)
🔴 Resistance: ₩2,628,000
Only 7.6% above the 3-month low. If ₩1,322K breaks, we could see panic selling.

📋 Watch List:
⏳ Wait for RSI below 30 + bullish divergence
⏳ Wait for price to reclaim SMA5 as support

Is the memory chip downturn priced in, or is this just the beginning? 👇

#SKHynix #Semiconductors #DYOR

⚠️ Disclaimer: Personal analysis, not financial advice. Always DYOR.