$SKHYNIX Long position being trapped! Brothers chasing at 1720, still have a chance!


Brothers, SKHYNIX dropped from 1977 to 1664, are you panicking about the floating loss on your long position at 1720?
This wave was caused by negative news hitting the market, RSI is extremely oversold, every time it reaches this level historically, there is a violent rebound!
Korean regulators warned about leverage ETFs risks, causing KOSPI to hit a circuit breaker, but SKHYNIX's fundamentals haven't changed.
Where will the rebound go? At least back to the 1720-1740 range!
The liquidation map shows a large number of short positions waiting to be liquidated around 1746, once shorts are liquidated, the price can easily bounce back to your cost area!
What to do now:
Don't panic and cut losses or lock in positions;
Wait for the market to stop falling or rebound, then add to your long positions to lower the average price;
Wait for the rebound to around 1700 and gradually exit in batches.
#SK海力士市值登顶韩股 #美光与Anthropic达成战略合作
SKHYNIX-6,24%
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