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Classic script: A good piece of news landing immediately becomes bad news
SK hynix shares in South Korea plunged 8.3% in a wild selloff
A rare massive red candle recently smashed through all moving averages
The U.S.-listed “pump-and-doodle” trading hype has officially come to an end
Profits-taking rushed out collectively in a frenzy of panic
Even if they released a major bullish catalyst—CEO says storage will be built up to 2030—capital still can’t be stopped from fleeing
For the short term, don’t blindly bottom-fish and catch a falling knife!