$SKHYNIX Continue to look for upside. With earlier rate hikes, foreign capital pulling out, and the violent deleveraging, most of the bad news that should have been “taken down” has already been digested. Next, you can focus on earnings expectations, and also consider South Korea’s full-throttle support; this level may be a good dip-buying opportunity. Even though there is hope to eventually test new highs, don’t chase too aggressively in your trading—keep watching for changes on the board and watch the risks.

SKHYNIX-9.35%
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