Has KOSPI Confirmed Its Bottom? How High Will SK Hynix Rise? Why You Should Follow Foreigners Now | Director Lee Jin-woo

Summary

GFM Investment Research Director Lee Jin-woo reviews the KOSPI crash and rebound, arguing that a roughly 44% drawdown and capitulation-like retail selling support a technical rebound. He walks through chart setups for SK Hynix, shipbuilding, defense, nuclear, electric equipment, robotics, and Hyundai Motor, separating tradeable bounces from resistance and stall risks. He also says foreign investors have turned buyers and that retail investors should follow foreign buying rather than selling into it.

• KOSPI fell about 44% from its high; past cycles suggest this is enough for a rebound, with targets around 6,835, 7,300, and 7,800.
• SK Hynix is expected to rebound technically, with 1,900,000 won as key resistance.
• Hanwha Ocean and LS Electric are bouncing from major Fibonacci and moving-average supports.
• Hanwha Aerospace rebound is already facing resistance and may stall.
• Doosan Enerbility is a two-sided setup after a 61.8% retracement bounce but with monthly sell signals.
• Rainbow Robotics bounced but remains extremely expensive at around 620x forward P/E.
• Hyundai Motor is highlighted as a cheap robot-optionality name at 9-10x forward P/E.
• Foreign investors have flipped to net buying; the speaker advises not selling into foreign buying.