NVDA260116C220000
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Regarding the pullback of the Korean stock SK hynix, after clearing some leverage yesterday, there was a rebound. However, this rebound doesn't seem very strong. I sold half of my position this morning when the price was pulled up. If it cannot break through the resistance zone of 2.2 to 2.3 million, I'm afraid it will fall back. This is still an adjustment process.
Will continue to observe tomorrow.
The US-listed SK hynix just went public and doesn't follow the usual pattern, as it's prone to high premiums. The previously calculated 190 is a resistance point. Let's see if it can stabilize there tonight; otherwise, it will also become resistance.
There hasn't been much change in the fundamentals. SK hynix is an excellent company with extremely high profits, comparable to NVIDIA. If the hot money speculating on SK hynix dissipates, MU/SDNK will have better opportunities.
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