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Bearish

HBM faith collapses overnight! $SKHYNIX SK Hynix gets brutally hammered—who still dares to go short above 1185?



Overnight, AI earnings across U.S. stocks collectively disappointed: Alphabet plunged 12%, Amazon tumbled after hours, and Intel sounded the alarm on PC demand. Fears of global tech giants cutting CapEx ignited instantly.

SK Hynix, a “faith stock” with a high HBM valuation, was hit by a valuation slaughter, plunging nearly 9% at one point. South Korea’s KOSPI triggered a Sidecar trading halt as foreign investors fled in a frenzy. On the chart, SKHYNIX plunged straight down from a high of 1184.63 and is now struggling around 1066; its rebound structure has been completely broken.

As for trading, the 1185-1200 prior-high resistance zone is an excellent spot for bears to strike. Any rebound is an opportunity to hand money to the bears.

Did you get caught in this AI bubble’s unwind, or have you already flipped and gone short?

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WhatToBuy,WhatToBuy
2 hours ago
HBM faith collapsed overnight! $SKHYNIX SK hynix gets absolutely crushed—who still dares to go short above 1185?
AI earnings across US stocks blew up overnight: Alphabet plunged 12%, Amazon slumped sharply after hours, and Intel sounded the alarm on PC demand, instantly igniting fears of CapEx cuts among global tech giants.
SK hynix, the “faith trade” behind HBM’s high valuations, was hit by a brutal valuation massacre, plunging nearly 9% at one point. South Korea’s KOSPI triggered a Sidecar circuit breaker as foreign investors fled in droves. On the charts, SKHYNIX plunged straight down from a high of 1184.63 and is now struggling around 1066; the rebound structure has been completely broken.
For trading, the 1185–1200 previous-high resistance zone is an ideal place for bears to strike. Any bounce is an opportunity to hand money to the bears.
Are you trapped in this AI bubble unwind, or have you already flipped short?
#BTC falls to $77,000
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LeverageBomber
3 hours ago
Shorts above 1185? That’s a bit aggressive to place here. It’s currently trading around 1066; the rebound structure is indeed ugly, but you still need to watch out for an oversold bounce when chasing shorts.
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FloatingTeacup
3 hours ago
First Review
SK Hynix’s 9% drop was brutal. Faith in HBM can collapse just like that, and no one can escape when the AI bubble gets unwound.
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