SK Hynix +2.3% ā the HBM king is waking up šš°š·
At ā©1,730,000, SK Hynix is bouncing off its recent lows with conviction. This is the company that supplies NVIDIA's HBM3E chips, and the AI infrastructure buildout isn't slowing down.
š Technical Snapshot:
⢠Price: ā©1,730,000 (above SMA5/10/20)
⢠RSI: 51 ā dead neutral, fresh momentum building
⢠MACD: Still negative but improving ā early reversal signal
⢠Volume: 0.82x average ā building, not climaxing
š Key Levels:
š¢ Support: ā©1,500,000
š“ Resistance: ā©2,628,000
š” The Story: SK Hynix is 40% below its 3-month high. That's a massive discount for the world's leading HBM supplier. If AI capex continues (and it will), this stock re-rates higher. The RSI reset to 51 gives it room for a sustained move.
Are Korean semiconductor stocks in your portfolio? Why or why not? š¤
#SKHynix #AI #DYOR
ā ļø This is not financial advice. Always do your own research and manage risk carefully.
At ā©1,730,000, SK Hynix is bouncing off its recent lows with conviction. This is the company that supplies NVIDIA's HBM3E chips, and the AI infrastructure buildout isn't slowing down.
š Technical Snapshot:
⢠Price: ā©1,730,000 (above SMA5/10/20)
⢠RSI: 51 ā dead neutral, fresh momentum building
⢠MACD: Still negative but improving ā early reversal signal
⢠Volume: 0.82x average ā building, not climaxing
š Key Levels:
š¢ Support: ā©1,500,000
š“ Resistance: ā©2,628,000
š” The Story: SK Hynix is 40% below its 3-month high. That's a massive discount for the world's leading HBM supplier. If AI capex continues (and it will), this stock re-rates higher. The RSI reset to 51 gives it room for a sustained move.
Are Korean semiconductor stocks in your portfolio? Why or why not? š¤
#SKHynix #AI #DYOR
ā ļø This is not financial advice. Always do your own research and manage risk carefully.