SK Hynix up +2.82% today, confirming the memory sector recovery is real — not just a Micron story.
The Snapshot:
KRW 1,638,000 | RSI: 47 (neutral) | Volume: 1.93M
Above SMA5 (1.516M) and SMA20 (1.611M), but still below SMA50 (2.043M) — the trend is improving but not yet confirmed.
Why This Matters:
SK Hynix is the world's #2 memory maker and the largest HBM supplier to Nvidia. When Hynix moves with Micron, it signals sector-wide demand recovery, not company-specific noise. The stock is 43.9% off its 3-month high — massive upside if the memory cycle turns.
Key Levels:
Support: KRW 1,504,000 | Resistance: KRW 2,628,000
SMA50 at 2.043M is the line in the sand for trend confirmation
What To Watch:
- Break above SMA50 (2.043M) with volume = trend change confirmed
- Volume needs to increase — current 0.63x ratio is too thin
- Watch for HBM3E shipment announcements as catalysts
Memory cycle bottom is in. The question is how fast the recovery plays out.
HBM demand: real or overhyped? Drop your take.
#SKHynix #Memory #DYOR
This post is for educational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.
The Snapshot:
KRW 1,638,000 | RSI: 47 (neutral) | Volume: 1.93M
Above SMA5 (1.516M) and SMA20 (1.611M), but still below SMA50 (2.043M) — the trend is improving but not yet confirmed.
Why This Matters:
SK Hynix is the world's #2 memory maker and the largest HBM supplier to Nvidia. When Hynix moves with Micron, it signals sector-wide demand recovery, not company-specific noise. The stock is 43.9% off its 3-month high — massive upside if the memory cycle turns.
Key Levels:
Support: KRW 1,504,000 | Resistance: KRW 2,628,000
SMA50 at 2.043M is the line in the sand for trend confirmation
What To Watch:
- Break above SMA50 (2.043M) with volume = trend change confirmed
- Volume needs to increase — current 0.63x ratio is too thin
- Watch for HBM3E shipment announcements as catalysts
Memory cycle bottom is in. The question is how fast the recovery plays out.
HBM demand: real or overhyped? Drop your take.
#SKHynix #Memory #DYOR
This post is for educational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.