$SK hynix(SKHY)$ This is the biggest US IPO debut in years. A +30% move from its low point shows some institutional conviction in the memory chip story. The broader Asia tech rally seems to be adding momentum.
$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ There will likely be another chance to buy in the $3 range, so I wouldn't get too excited just yet. The $3s will eventually become the $30s, but it could happen again.
$hynix-WI(SKHYV)$ Ignoring the short-term pressure here. A significant number of shares need to be converted soon, which could shift sentiment broadly. It feels like a lot of people might be looking to get positioned on the long side.
$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ I think a serious correction in semis could drive this quite high. It feels like $8 or $9 is possible. If your average cost is above $10, though, that's a different story.