Now Is the Time to Accumulate Stocks and Welcome October (month 10) | Park Se-ik, Executive Director of Chesley Investment Advisory [Chesley Official Membership (Internship) / 26.10.01.Thu]
- What to look for
- You can see the structure of the day's chart analysis, from an analysis of foreigners' range-bound options positioning to KOSPI and KOSDAQ charts and reviews of KOSPI200 and KOSDAQ stocks.
- Why it matters
- Understanding how to read volume-by-price levels, moving averages, and trading by investor category together can help you follow chart commentary on your own.
AI summary
Park Se-ik reports reduced foreign selling in the cash market, 3300 hundred-million won in KOSDAQ purchases, and a shift in options positions. He sees foreigners as maintaining a range-bound structure that caps the market above 7250, and expects the KOSPI's trading range to continue through next week. With the KOSDAQ breaking above its range and its 5-month moving average, he anticipates a rebound resembling 2018 and a recovery to the 1070 range. Within the KOSPI200, he highlights sharp gains in NC, HanAll, and Hansol Chemical, and the deep value of Samsung Epis Holdings. He reviews materials, components, equipment, and chemical stocks bought by institutions, securities stocks that have fallen by half, and range-bound Hynix. He concludes that oil refiners and financial stocks corrected as oil prices fell, while KOSDAQ materials, components, equipment, and biotech stocks were strong. He suggests monitoring the sector through a materials, components, and equipment ETF. All directional outlooks are the speaker's conditional assessments, not definitive short-term price predictions.