ADR record + sector resonance! $SKHYNIX , $MU jointly rally!



Folks, SK Hynix officially lands on NASDAQ tonight, raising $26.5 billion setting a record for foreign companies listing in the US, driving Korean stocks up 3.58% and the semiconductor sector broadly strengthening!

News:
Hynix ADR final pricing at $149, about 3% premium over Korean shares, received over 7x oversubscription, total subscription intentions close to $200 billion. Tonight begins pre-issuance trading under ticker "SKHYV", officially switches to "SKHY" next Monday. Meanwhile, Micron, SanDisk and other memory stocks strengthened collectively in pre-market, forming sector resonance.

Technical:
SKHYNIX:
Has broken through MA moving average resistance
Upper resistance: 1500, break above see 1550-1600
Lower support: 1450-1460, strong support 1400
MU:
Currently MACD positive at 17.76 with strengthening momentum
Upper resistance: 1000-1020, break above see 1050-1060
Lower support: 960-970, strong support 930-940

Gongming's view:
ADR listing is the strongest short-term catalyst. With sector resonance support, there's a higher probability of breaking through key resistance levels.

Trading strategy:
SKHYNIX: Buy on pullback to 1460-1470
MU: Buy on pullback to 980-985
$26.5 billion voting with their feet — this is not bullishness, it's capital signaling with real money.

#Solana生态ANSEM暴涨 #SK海力士ADR获超额认购
SKHYNIX-1.73%
MU-3.13%
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