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Don't rush to call a reversal; the market has just created a short squeeze rhythm. 🔥📉 A few days ago in the early morning, $SKHYNIX was still swaying back and forth up there, looking lively on the surface, but the more you looked, the less exciting it got.
Before the market fully launched, what I noticed was a volume-less rally with insufficient support, and it fell back as soon as it hit resistance above. 👀 For SKHYNIX, if such a bounce lacks continued buying pressure, it easily turns from fake strength to real weakness, so I arranged a short position around 1737.4 back then.
Now it's at 1411, with a profit of +460.68%. This wave gave the answer very clearly. ✅💰 When it's time to cash in, don't pretend to be calm.
The most dangerous moment when making money is suddenly getting carried away.
Good positions are waited for, not chased.
First close 80% of the position, lock in the bulk of the profits. 🎯 Keep the remaining 20% under cost protection; if it continues to drop, ride along, and if it bounces back, don't let profits turn uncomfortable. 🛑
If you missed it, don't chase. ⚠️ The market never lacks opportunities; it lacks patience. Wait for the next clear signal before making a move. 📢
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