SK Hynix
This ruthless sell-off over a day and a half at the start of the week wiped out all the stop-loss orders from panicked retail investors.
After washing out the weak hands, a violent V-shaped rebound followed immediately. This is the market's "heartless script" that never gets old.
Faced with this kind of market action, there's no need to guess the absolute bottom. The key is trading discipline:
Grasp the rhythm and buy in stages, scoop on dips in batches, and exit in segments on bounces!
Following the market's inertia is the way to survive in a leveraged market.
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