Hynix, this target, actually follows the trajectory of technical analysis so perfectly.


These 0.618 and 0.886 fit perfectly—I should’ve played this target earlier.
Based on the target’s historical trend, there may still be one more double-bottom retest. The ADR trading on NASDAQ on July 10 is still a few days away, so if the price can drop further without breaking the previous low, there will be one last swing opportunity—sell on the day it gets listed in the US.
As for whether you can short the double-bottom retest, you can watch to see if the price turns weak when it hits the 1600–1640 range inside the consolidation area, or next week if you see the Korean index starting to fall again, or if there’s any negative news about memory—then you can give it a try.
I’m not following trades—I'm just personally interested in studying technical analysis, and sharing ideas.
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