SK Hynix Analysis A couple of days ago, I mentioned the pattern of SK Hynix's drops: drop for 3 days, consolidate for 7-10 days, then drop for another 3 days, with the third day often accompanied by high volume and a long lower shadow. And that's exactly how it played out. After breaking out of consolidation, it dropped for 3 days and bottomed out on July 29. Yesterday, I pointed out that the high volume and long lower shadow on this drop likely marked the bottom, as it also hit the EMA 200 at 1,330,000. The oversold rebound followed right after. Now, the downtrend line has been broken, so let's see if it tests the EMA 20 after the breakout and continues to rise. If it can break through 2,000,000 and hit a new high, there's a chance for a reversal.