Indicator Tracker (0902 Wed)
- What to look for
- You can review an assessment that diagnosed simultaneous deterioration in trading flows and charts based on foreign and institutional selling, a fall below the moving average over 21 periods, and upper wicks, and called for reducing positions after the break below 6,584.
- Why it matters
- This helps you learn stock-specific trend criteria, such as Samsung's condition involving its moving average over 21 periods and 5 days, and Hynix's dividing price levels of 180 ten-thousand and 140 ten-thousand, as well as how to combine short-term defense with a medium-term bullish outlook.
AI summary
The assessment is that short-term trading flows and charts have deteriorated simultaneously, with net selling by foreign investors, selling by institutions, and both the KOSPI and KOSDAQ falling below their moving averages over 21 periods and forming upper wicks. The explanation is that the US Treasury yield over 10 years at 4.81%, rising long-term government bond yields, and WTI breaking above 90 dollars are acting as warning signs for the stock market, while excessive expectations for AI investment and liquidity pressures are also increasing market anxiety. Samsung Electronics could see its trend turn downward if it remains below its moving average over 21 periods for 5 business days. For Hynix, the short-term question of whether it can establish itself at 180 ten-thousand won should be distinguished from the possibility of a fall to 140 ten-thousand won. For Oracle, a large bearish candle could make it difficult to maintain a buying stance. Since the KOSPI has fallen below 6,584, the strategy is to reduce positions below 6,400 if it declines further and suspend new purchases. Even if a year-end rise is considered possible, there is no need to keep enduring declines during months 9~12: risk can be reduced first, and positions can be re-entered once the charts recover.