저자: Dish · 외국인
요약 보기
7월 SK하이닉스 ADR 미국 상장 이후 국내 주가는 고점 대비 약 58% 하락했으나 이후 반등. 반도체 수요는 유지, 실적(영업이익 등) 호조 언급. 기술주 과열 해소 우려는 있으나 당장 붕괴는 아니라고 봄. 8월은 거래량 감소로 변동성 가능성 경고. 124.80 하단 확인 후 매수 고려 여지, 120 레벨은 대기 필요 취지. 신뢰 낮음(본인이 투자자문 아님 명시).
다듬은 글
So, ladies and gentlemen. Congratulations. Congratulations. My name is Dish, I'm the Chief Market Analyst at markets.com. And today, ladies and gentlemen, is Monday. Well, it's the first trading day of August. I wanted to do a quick review on SK Hynix. I was supposed to do it on Friday, last Friday, but unfortunately I got a little sick.
But, hey, trying to make up for it now. Whatever it was, we had a topic in " Market Radar". This , by the way, is a new section on our YouTube channel, where we analyze important events. However, sometimes these events can remain in the shadows. Most often, these are corporate events that are overshadowed by other, larger- scale ones, such as geopolitical ones.
So, the main topic of July was SK Hynix and its debut on the US stock exchange . In essence, SK Hynix ADRs became available for trading to American investors. I'll pick up on this topic, as I said, and do a quick review of what happened with SK Hynix. July was quite volatile for this company. Not only for her, but now we will focus specifically on SK Hynix.
Before we continue, please quickly review our risk warning. The content we create is not investment advice or recommendation and should not be perceived as such. This material should not be considered an invitation to purchase any financial instrument or product. I'll give you a few seconds to read the rest.
I'm not disappearing anywhere. As I said, July, especially its end, became a real " roller coaster" for the big tech giants. I also want to mention our website markets.com, where you can always find more information about us. If you have any questions, please contact us. We will be happy to help you.
Ladies and gentlemen, I want to open the chart of SK Hynix, but the one that is traded on the South Korean stock exchange. So , if we look at the monthly chart as a whole, you'll see that this big candlestick down here—that's July. And yes, it was n't the best month for SK Hynix, as shares fell about 35% from their opening price.
But if we look at the daily chart and how far we actually fell all the way to the lows of July 29th. You 'll see that yes, it was about 58%. So, from the historical high to the lowest point in July, the drop was about 58%. This, I would say, is quite significant. Considering that we initially saw these stocks go up wildly, right?
Truth? I mean, look, I told you once that all that goes up must come down, and the hype is gradually dying down a little bit. But what I also talked about in my last Market Radar video: are we still on the hype wave around SK? With that in mind, I said that yes, we are still in it because, despite the significant drop, there is still demand for them.
You know, unless the market as a whole shifts towards fear of technology, because we know about investor concerns that companies are spending too much. So far, there are no real results and no justification for such large capital expenditures. But still, there is demand, there remains demand; and if we are prepared for a market crash, then of course they will all go down.
But look, the market is still fine. Indices, for example, American indices , are doing quite well; Dow remains high, S&P still showing positive. NASDAQ, despite the decline, is still trying to recover, as is SK Hynix. Yes, this is a hype campaign, isn't it? I mean, there's a lot of buzz around her right now .
And, uh, looking at this, um, Korean, uh, Korean stock listing here, yeah, big decline, big pullback. However, if we look at SK Hynix, the American ADR, well, there was a good, significant decline. And I warned you about this when, when they went public at the beginning, at the beginning of July, on the 13th.
Actually, that was the main day, because at first they traded under the ticker SKHYV, but then, yes, on Monday the 13th, they switched to SKHY. And I said, look, we can repeat the same model that was with , uh, SpaceX. Let me quickly, uh, get to this. Let me bring up SpaceX shares here. So we see the same story unfolding here.
You know, at first there is a lot of interest, and then it gradually fades away, right ? Um, what I, what I predicted about SpaceX, I said, look, ideally, if the price gets to 110, 100, maybe I think that would be , uh, a good option for investors to get back in. However, as I said, comparing SpaceX to SK Hynix, SK Hynix actually has physical products that we can, we can touch, and they, you know, have demand.
They have these DRAM chips. Hmm, and that's why I still, I would say, have some faith in SK Hynix. I'm not saying they're going to, you know, take off instantly or anything, but I don't believe they're going to fall apart that quickly. Hmm, I think there's still potential for growth here. Of course, again, this is not financial advice, because, after all, what could I possibly know?
I mean , unfortunately, I do n't have a crystal ball. But again , judging from what I'm seeing right now, it seems like this stock still, there might still be a little, uh, a little bit of passion left in it. Because if I , I go back to Korean stocks and we look at, we look at earnings, well, there was a big surprise in terms of earnings.
I mean, they, they reported fantastic results. They really did it. Now, I mean, there were profits, well, how much? Mm, 84%. 63. I mean, that's impressive. These are impressive financial results . Um, well, yeah, of course, investors were hoping for more, but overall it's still good, you know, it's still great.
So the demand for these chips still exists. Yes. Now we're seeing these concerns, you know , that, uh, sorry, investors are worried about capital expenditures and, uh, how much, you know, and what the results of all of this will be. Listen, right now I think that even though the stock market is n't really crashing, I think SK Hynix can still do well because I think once the market starts to, you know, crash, then maybe we'll see SK Hynix start to fall apart.
And, uh, but at the moment the demand is still there, you know, it hasn't gone away, unless, as I said, there are reports that, oh my god, suddenly we don't need so many chips and so much memory. Isn't it? I mean, again , as I said, it's a very, uh, sensitive topic, of course, but SK Hynix is a company to watch.
You know , guys out there, look at this first, when we had this big drop here, from the all-time high we hit at the end of June, we were down 58%, right? However, SK Hynix then, let me quickly find it. Uh, then SK Hynix actually rose from this little area, from these July lows, and then when was that?
It was on Friday. Yes, there it is. It was on Friday. Look at this jump. At least 30% increase from the closing price. Here it is. Almost 30%. Yes, actually almost. That's it. 30% profit per day, ladies and gentlemen. This is on the Korean Stock Exchange. But this is Korea, you know? They, well, they're used to such fluctuations.
This looks like it's normal: ah, 30% up, 15% down. You know, this, well, maybe it sounds ridiculous to some people, but, again, for them, it's the norm, because again, the stock market is dominated by just two stocks, two companies, right? Samsung and SK Hynix. So, in short , you know, in terms of volatility, I think we could still see it rise.
Hmm, it will be very interesting to see how August goes. And this will be my second topic for the market radar video. I'm going to talk, um, about August and what it was like, you know, historically. And, in fact, now is a period when many investors will be, as they say, on vacation. I mean, everyone has, well, not everyone, some have kids, and basically, it's also the time of the kids' vacations, you know, school vacations.
So a lot of investors will be absent, and this month is usually quite busy in terms of, let's say, volatility, because again, liquidity is low and volatility can be high. So, in short, all I can say for now is : be careful, okay? Hmm, SKHEX could still fall lower. It does have the potential to go lower, but again , I believe that if the stock market stays high, well, seriously.
Why the hell does SKHEX have to fall? They still have the product. I mean SpaceX, I still believe it can continue to fall. But for SK Hynix, unless the whole chip thing suddenly goes bad and everyone suddenly stops believing in them, you know, and everyone just says, "Okay, let's get out of the tech sector because we don't trust this whole capex thing," which might be acceptable in the medium term, but until the midterm elections...
I kind of doubt that sector will suffer. This sector is suffering losses. There's too much money there. And we've already had a decent fall. I mean, look at these stocks, right? For example, Nvidia, SNDK, right? These Western Digital, if I'm not mistaken, Western Digital, yeah, WDC, they've all had a pretty decent drop already, you know, INTC as well.
So, to some extent, these are not bad companies. Yes, the overall economic situation is worrying, but so far it's working. Of course, for now, that's why I'm talking about it. So, Dell too. Where is that Dell? Here he is. So they're all still holding on. So if they are going to grow, I really don't see any reason why SKH shouldn't grow too .
I'm not saying, I'm not claiming, that we will definitely reach new all-time highs for SKHY shares. But some growth potential, yes, can be seen. And if you look at this chart from a purely technical perspective, maybe, just maybe, this could be considered a descending channel, you know? And if it's a downward channel, then maybe we'll see some growth later on, but again, relative to the growth potential .
Well, we need to see a breakout of the upper boundary of this descending channel, if that is indeed the case. So, in short, ladies and gentlemen, the " bears" should not get their hopes up just yet. There is room for more players to join them. But again , keep an eye on the overall market. And so, the story right now is this: yes, everyone is worried, but does everyone want to miss a possible low entry point into stocks?
Investors are still interested, you know, they might still want to get involved in this. However, are we nearing the end of this rally of big tech companies? To some extent, yes. You know, to a certain extent, yes, because eventually this whole bubble will burst. But will it happen now? I still don't think so.
But again, take everything with a certain amount of skepticism. As I said, SK Hynix is a stock that is on many people's lips and minds. Because, again, especially in Korea, because looking at the KOSPI, look at this. I mean, the KOSPI has suffered a significant drop. At one point it fell, down 44% from its peak.
This is just madness. But as I said before, this is normal for the Korean stock market . This is simply because, as I said, the Korean stock exchange is 50% made up of two companies—Samsung and SK Hynix. So for them, a 44% drop from the peak is, you know, quite normal, it's like in July. But overall, we are not currently seeing any serious collapse in the US stock market.
Um, once we start seeing him, then yes, I think he'll pull everyone else along with him. Some might think that it would be the other way around ; Perhaps Korea, for example, will become the leader, because, again, the demand for these two companies, Samsung and SK Hynix, is very high. But in reality, at the end of the day, there are giants like Nvidia, there are giants like Micron that are still holding on ; The demand for them remains, but if it suddenly drops , then it would be a certain problem, I would say.
So, in short , as I said , SK Hynix looks pretty interesting. Would I, let's say , advise you to participate in these promotions...no, I don't advise it. Of course, you have to do your own analysis, because, again , the situation is complex. Maybe they will fall a little more ; maybe the price wants to reach 120, but for the 120 level I would rather wait for a drop below 124.80.
This is the lowest point for SK Hynix shares at the moment. On the upside, a breakout of the upper boundary of the descending channel would be ideal, and then we could perhaps try to explore slightly higher levels. So keep that in mind, ladies and gentlemen. So, I just wanted to finish the story with SK Hynix.
As I said, I apologize for not being able to do this last week because I was a little sick, but I hope this video was helpful to you . Thank you very much for staying with us and with me, I appreciate your time, ladies and gentlemen. So get ready for the next topic of " Market Radar", which will appear this month, in August.
And yes, don't forget to subscribe, like, and do all those YouTube things we always talk about, you know. But, uh, yeah, thank you very much, everyone. Stay with us. We're going to be releasing more Market Radar videos , and like I said, the new topic will be about August in general and how, you know, how cautious we need to be in August. So, ladies and gentlemen, see you soon . See you later.
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