$SKHYNIX ‌ and Kospi technical analysis


Hynix’s interim bottom has arrived. Yesterday, there was a false breakdown below the May 20 low with volume, followed by a reclaim; then it formed a long lower wick with huge volume, proving that institutional funds are picking up on the dip. The downtrend line was broken down 6 times; on the sixth time it was a false breakout and fell back, and then on the seventh time it was a real breakout. The upper limit of the breakout’s level is the confluence of three resistance areas: the pullback to the trend line, the upper M head-and-neckline, and the gap level at 2,560,000—then it will meet resistance again and pull back. MU and SNDK follow the same logic.
Kospi’s lowest point at 6450 has basically returned to the high point in March 2026, and the 6450 gap has also been filled. It made a move of false breakdown and reclaim. Pull back to the black trend line and rebound; the rebound limit to watch is 8050, and you should reduce positions from 7700–8050.
SKHYNIX-4.80%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned