💾 SK Hynix is down 51% from its 3-month high. Let me repeat: the world's #2 memory chip maker is trading at HALF its recent peak.

₩1,420,000. RSI at 38.9. Approaching oversold while AI demand for HBM chips has never been higher.

Is this the opportunity of the year or a value trap?

The technicals:
• Price below ALL major moving averages — clear downtrend, no sugarcoating
• RSI at 38.9 — approaching oversold territory (30 is the line)
• MACD histogram at -37,113 — still negative BUT the rate of decline is slowing
• Volume declining at 0.77x — sellers are getting exhausted
• Only 7.4% above the 3-month low of ₩1,322,000

Here's the tension: the chart says "don't buy yet," but the fundamental story (AI + HBM dominance) says "this is ridiculous."

🎯 Key Levels:
Support: ₩1,322,000 (3-month low — critical)
Resistance: ₩1,567,000 → ₩2,107,000 (SMA50)

⚡ My approach: I'm NOT buying yet. I'm watching for:
1. RSI dropping below 30 (true oversold)
2. A bullish divergence on MACD
3. Volume spike on a reversal candle

When all three align, that's the entry signal. Until then, the trend is down and I respect that.

The best trades come from patience, not conviction. Let the market prove the bottom before you commit.

Is SK Hynix a buy here or still falling? What's your read? 👇

#SKHynix #Semiconductors #StockAnalysis

⚠️ Not financial advice. Korean stock market carries additional currency risk. Always DYOR.