XinGPT🐶|7月 14, 2026 10:42
SK Hynix 000660 (KRX Daily Chart) – Has the technical bottom been reached?
Today, SK Hynix shows signs of forming a bottom on the technical side, with a high probability of a short-term rebound. However, a long-term reversal still needs confirmation. A few bullish signals include:
① Intraday dip below the lower Bollinger Band followed by a recovery back inside—classic reversal;
② Dropped below EMA100 but closed back above it;
③ Current price remains far above the yearly SMA200, indicating the long-term upward structure is intact, with a buffer near 48%.
However, momentum is yet to be confirmed:
MACD has crossed below the signal line and fallen under the zero axis, with deep negative histogram bars just starting to turn downward; RSI at 40.68—neither oversold nor above 50, showing no bullish divergence. Price is still suppressed below EMA20/50.
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