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$SKHYNIX 1800—massive rout! After a 140-point crash, is 1630 the bottom or a trap? Brothers who are trapped—Dasheng is here to rescue you!
Last night, Hynix unleashed a huge bearish candle. Brothers who chased at 1800—are you okay? A 140-point drop, and the price is only barely holding above 1630; RSI is oversold.
Brothers who chased longs at 1800—after last night’s 140-point plunge, with the current price at 1630 and RSI oversold. Good news keeps coming but it still won’t rise—main forces are using the opportunity to distribute! Smart money’s short average price is 1716, with a profit of 74%. Why would you be able to get out of your position? Once 1630 is breached, longs below will face a chain reaction of liquidations!
Three options:
① Add lightly to average down the entry price;
② Reduce on the rebound + hedge;
③ Set a stop-loss and flip to a short.
Don’t hold on stubbornly! In the comments, write “1” along with a screenshot of your positions—Dasheng will give you a tailored plan! #Gate股票转仓功能上线 #山寨 $MU