SK Hynix gained 3.2% today. The AI memory trade isn't done yet — but the chart tells a nuanced story.
🔥 Technical Snapshot:
Price: ₩1,645,000 | Trend: Uptrend | RSI: 47.2 (neutral)
Price is above SMA5 and SMA10 but still below the 50-day SMA (₩2,043,380)
Volume declining (0.71x) — buyers are present but not aggressive.
📊 Why This Matters:
SK Hynix is the #2 memory maker globally and the primary HBM supplier for NVIDIA. Despite today's gain, the stock is 44% below its 3-month high — suggesting the recent rally is a recovery, not a breakout. The neutral RSI gives room to move in either direction.
🎯 Key Levels:
Support: ₩1,504,000 (recent swing low)
Resistance: ₩2,628,000 (would require a massive catalyst)
The 50-day SMA at ₩2.04M is the critical level — bulls need to reclaim it for a trend change.
Watch for: Q3 earnings and HBM3E production updates as potential catalysts.
❓ Do you prefer SK Hynix or Micron as an AI memory play? Why? 👇
#SKHynix #Semiconductors #AI #DYOR
⚠️ This is not financial advice. Always do your own research before making investment decisions.
🔥 Technical Snapshot:
Price: ₩1,645,000 | Trend: Uptrend | RSI: 47.2 (neutral)
Price is above SMA5 and SMA10 but still below the 50-day SMA (₩2,043,380)
Volume declining (0.71x) — buyers are present but not aggressive.
📊 Why This Matters:
SK Hynix is the #2 memory maker globally and the primary HBM supplier for NVIDIA. Despite today's gain, the stock is 44% below its 3-month high — suggesting the recent rally is a recovery, not a breakout. The neutral RSI gives room to move in either direction.
🎯 Key Levels:
Support: ₩1,504,000 (recent swing low)
Resistance: ₩2,628,000 (would require a massive catalyst)
The 50-day SMA at ₩2.04M is the critical level — bulls need to reclaim it for a trend change.
Watch for: Q3 earnings and HBM3E production updates as potential catalysts.
❓ Do you prefer SK Hynix or Micron as an AI memory play? Why? 👇
#SKHynix #Semiconductors #AI #DYOR
⚠️ This is not financial advice. Always do your own research before making investment decisions.