$SKHYNIX Extreme panic! SK Hynix’s RSI breaks below 14, but Dasheng says: You can’t catch this needle!



Good news is already out—yet it turns into a “li firecracker/air” blowback—the script is too familiar: Samsung’s profit jumped 19 times, and the stock price still crashed.

Samsung’s performance exploded, but the Korean stock market immediately plunged—two times the Hynix ETF is almost cut in half.

On the technicals: the 4-hour RSI is already down to 14, entering extreme oversold. The MACD dead cross is still widening. Once the lower Bollinger Band at 1493 can’t be held, it’s likely headed to 1450.

Now look at the “smart money” data: the short positions are 54.34 million, nearly double. 92% of the shorts are in profit, while only 23% of the longs are making money. The giant whale’s average short entry at $1461 is still stubbornly being held—why are you in such a hurry?

Dasheng’s take: On Friday, SK Hynix’s $29 billion ADR listing will drain liquidity, and near term it will still be under pressure—fall first, then rise.

Trading plan: For the shorts, wait for a rebound to 1545-1600. For the longs, wait for 1400-1430 to try again. Don’t fight the trend!#GUSD年化升至3.8% #预测世界杯阿根廷VS埃及
SKHYNIX-5.61%
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