SKHYNIX Holding the Recovery – Bulls Defending Support
SKHYNIX has bounced strongly from $1,266.32 and is now trading close to $1,317. Sellers rejected the push near $1,352, but price is holding well above the recent low. Buyers are still trying to keep control.
$SKHYNIX
Important Price Zones
Support Zone: $1,284 – $1,307
Current Price: $1,317
Resistance Zone: $1,330 – $1,352
Long Trade Plan
Entry: $1,310 – $1,318 while price holds above $1,307
Target 1: $1,330
Target 2: $1,352
Stop Loss: Below $1,282
$SKHYNIX
Final Note:
SKHYNIX is consolidating after a sharp V-shaped bounce. RSI is near 48, so momentum is neutral with room to move up. If price holds above $1,307 and breaks $1,330 with volume, we could see a move toward $1,352 and possibly the $1,370 high. A close below $1,282 would invalidate the setup. Use a stop loss to protect capital and follow price closely.
$SKHYNIX
SKHYNIX has bounced strongly from $1,266.32 and is now trading close to $1,317. Sellers rejected the push near $1,352, but price is holding well above the recent low. Buyers are still trying to keep control.
$SKHYNIX
Important Price Zones
Support Zone: $1,284 – $1,307
Current Price: $1,317
Resistance Zone: $1,330 – $1,352
Long Trade Plan
Entry: $1,310 – $1,318 while price holds above $1,307
Target 1: $1,330
Target 2: $1,352
Stop Loss: Below $1,282
$SKHYNIX
Final Note:
SKHYNIX is consolidating after a sharp V-shaped bounce. RSI is near 48, so momentum is neutral with room to move up. If price holds above $1,307 and breaks $1,330 with volume, we could see a move toward $1,352 and possibly the $1,370 high. A close below $1,282 would invalidate the setup. Use a stop loss to protect capital and follow price closely.
$SKHYNIX
