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William_George
$SKHYNIX Analysis
Around $3.78K worth of short positions were closed near $946.10, giving SKHYNIX a strong intraday push. Price is now approaching a key resistance area where momentum could begin to fade if buyers fail to follow through.
Trade Direction: Sell Short
Entry: $950-$956
TP1: $940
TP2: $928
SL: $965
Invalidation: Above $972
This setup becomes more attractive if price shows rejection near resistance with declining volume, indicating the short squeeze is losing strength rather than turning into a sustained breakout.
What are your expectations for $SKHYNIX ?
