$SKHY Early this morning, he re-established a short position and took profit again. The Bank of Korea, for the first time in three and a half years, raised rates by 25 basis points to 2.75%. It said this is in line with market expectations, but this news is still bearish for the overvalued semiconductor sector. The storage sector was directly collectively dumped by funds. Going forward, shorting should still focus on selling on rallies; you can enter around 170. For going long, you need to see whether support around 160 can hold up. Do not blindly go long!