#SKHynixFallsNearly7% #SKHynix SK Hynix Falls Nearly 7%: Technical Breakdown of the Memory Leader
SK Hynix closed at 1,418,000 won on 30 October 2026, down 7.08% on the day, after losing the 1,500,000 won handle. The drop was sharp, but it was not random. It came after an extended rally, a wave of disappointing US tech earnings, and renewed doubts about whether heavy AI spending will earn a return. The chart tells the story of a stock that ran too far, too fast, and then reversed through a psychological level.
What happened on the day
The Bloomberg Asia Chip Stocks Index fell more than 4.5% at