The Bull Market Continues Even Amidst Rough Volatility… But Be Wary If This Chart Appears | CEO Lee Kwon-hee

Summary

CEO Lee Kwon-hee attributes the sharp KOSPI sell-off to portfolio rebalancing rather than a crisis, expects a quick rebound, and highlights memory semiconductors as the final AI cycle leader. He outlines a 50-day moving average gap trading rule for the KOSPI 200 ETF, reviews ISC's expansion-driven upside, and gives a balanced valuation of SK Square.

• KOSPI fell most since 2010 on rebalancing and profit-taking, not a genuine crisis
• Past pattern: large single-day drops often led to next-day rebounds; foreign futures turned from selling to aggressive buying after the drop
• Memory chips (Samsung Electronics, SK hynix) are the structural leader of the AI cycle backed by acute shortages and critical importance to AI systems
• 50-day moving average gap above 120% signals overbought conditions; trimming at extreme gaps and re-entering on pullbacks is recommended for KOSPI 200 ETF
• ISC is expanding production capacity and securing long-term agreements; a target price of 250,000 KRW suggests further upside from current levels
• SK Square's valuation is close to fair, with its SK Hynix stake discounted and other businesses leaving little margin of safety