Boyd Wild
07-14 16:54

$SK hynix(SKHY)$ SK Hynix has moved up from its recent lows, and there's some talk in Korean retail circles about a potential trend change. The stock moved between around 1.67 million won and 1.93 million won during the day.

Some positive views point to the recent U.S. ADR listing and increased foreign buying, with a few looking at the 2.0 million won level next, citing a bullish candlestick pattern and higher trading volume. The launch of new 2x leveraged SK Hynix ETFs is also getting attention. On the other hand, there are cautious views noting the rebound is still below previous highs after a significant multi-week decline.

This sentiment is based on unverified discussions from a Korean retail community app.

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