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SKHYNIX is still falling today. After going public on the US stock market with 7x oversubscription, can we buy the dip now?
The current price has already pulled back to around 1460. RSI is at a low level, and MACD has a bearish cross. So will this pullback be a chance to get in?
Today, the US ADR has officially started trading on Nasdaq. It raised $26 billion with 7x oversubscription, and the capital flow is extremely hot! On-chain OI surged by 210%, a whale is firmly going long, and the smart money has already been positioning.
And currently, 1450-1470 is strong support. Longs can bet on a rebound, with targets at 1550-1600. Just be patient and wait for the capital flow to warm up.
So SKHYNIX probably still has some upside. If you want to keep taking profits, raise your hand below—daily guided trades and hot-coin analysis to keep you from getting lost!
#SK海力士ADR指导价149美元