Eye-popping earnings met with a plunge! $SAMSUNG 193: Golden pit or cycle peak?


Brothers, Samsung delivered the most eye-popping quarterly report in global tech history — Q2 operating profit of 89.4 trillion won, a staggering 1810% year-over-year increase, with single-quarter profit exceeding the sum of the previous three years! But the stock price plunged over 7% instead.
News Surface:
The market is not buying it for two reasons: good news exhausted + cycle fear. Samsung has already surged 158% in the previous 18 months, and the "beat expectations" have long been priced in. More critically, Samsung announced a 2655 trillion won expansion plan, SK Hynix 1100 trillion, and the South Korean government doubling DRAM capacity — the cycle curse of memory chips is approaching.
Technical Aspect:
Current price 193, has broken below all moving averages.
Upper resistance: 200-205, strong resistance at 210.
Lower support: 190, if lost, look at 185.
Gongming's View:
Although earnings are good, the "sell the fact" + expansion cycle concerns point to a short-term downward trend. Don't guess the bottom; wait for stabilization.
Trading Strategy:
Conservative: wait for a bounce to 198-200 and go short.
Aggressive: take a small short near the current price of 193.
What cyclical stocks fear most is the consensus of "peak prosperity."
#GT二季度销毁257万枚 #加密市场回升
SAMSUNG-8.22%
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