SK Hynix is down 51% from its 3-month high. The world's
#2 memory chip maker is in serious trouble. 📉
📊 Technical Snapshot
• Price: ₩1,420,000 (-0.14%)
• Trend: Strong downtrend
• RSI: 38.9 — approaching oversold
• Volume: declining (0.76x average)
• Below ALL major moving averages
The Bear Case
SK Hynix has been in a relentless downtrend. Price is below the 5-day (₩1,516,400), 20-day (₩1,687,300), and 50-day (₩2,107,120) averages. Every bounce has been sold.
📈 Key Levels
• Support: ₩1,322,000 (3-month low — critical)
• Resistance: ₩2,628,000 (distant)
• Must see: volume spike + RSI divergence for reversal signal
⚡ Why It Matters: When Hynix and Micron diverge, it signals regional tech sentiment differences. Both are weak now — that is a global memory cycle warning.
Is the memory cycle bottom near, or more pain ahead? 👇
#SKHynix #Memory #DYOR
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk carefully.