SK Hynix Stock Price During Bear Market and Domestic Investment Strategy Through Charts

What is the change in SK Hynix stock price during a bear market? Domestic investment strategy seen through charts | Chesley Investment Advisory Executive Director Park Se-ik

Watch on YouTube ↗ | July 18, 2026 at 00:00 | 25:27 | Chesley Investment Advisory (체슬리투자자문)

Speakers

Park Se-ik — CEO, ex-Chief Strategist

Summary

Park Se-ik, Executive Director at Chesley Investment Advisory, analyzes domestic market charts and presents a tactical trading framework for the ongoing rebound. He advises reducing SK Hynix on strength toward its 5-week moving average, sees a short-term KOSPI recovery to 7,800-8,300, and recommends buying select semiconductor equipment and former KOSDAQ leaders that have corrected. He also flags Samsung Electronics’ crucial breakout level at 374,500 won and suggests avoiding proxies like SK Square during the bounce.

SK Hynix likely faces resistance at its 5-week moving average near 2.42 million won, suggesting profit-taking around 2.3 million won.
KOSPI is expected to enjoy a technical rebound to the 7,800–8,300 range based on improving foreign futures flows.
Samsung Electronics must break above 374,500 won to confirm the memory cycle uptrend; failure would indicate a potential cycle high.
Semiconductor equipment stocks, notably Hanmi Semiconductor, are attractive after the correction due to Changxin Memory's aggressive capex plans.
KOSDAQ stocks that led the market until May and then corrected sharply offer a favorable rebound trade as they recover their 5-day moving averages.
Samsung SDI and Hana Engine show signs of bottoming, while Kiwoom Securities and other securities stocks are structural growth plays on dips.
SK Square is expected to underperform the semiconductor rebound because funds will sell it first when reducing semiconductor exposure.

Ideas

Park Se-ik CEO, ex-Chief Strategist 3:51

KOSPI rebounds toward 7,800–8,300 level

Foreign futures positioning is improving, with net selling pressure declining and the 21-day average of foreign futures/options flows shrinking; combined with today's heavy foreign equity buying, this supports a technical rebound in the KOSPI to the 7,800–8,300 range before the downtrend potentially resumes.

Park Se-ik CEO, ex-Chief Strategist 9:29

Reduce SK Hynix at 5-week MA resistance

The 5-week moving average on SK Hynix is likely to act as strong resistance near 2.42 million won; now that the stock has rebounded, investors who bought at the bottom or averaged down should reduce positions around 2.3 million won because a retest of the lows is expected, consistent with previous corrections where the 5-week MA rejected rallies for several weeks before a true bottom formed.

Park Se-ik CEO, ex-Chief Strategist 12:32

Avoid SK Square, will underperform rebound

SK Square is a proxy for semiconductor exposure; when institutional investors need to reduce positions in Samsung Electronics or SK Hynix, they will sell SK Square first, causing it to underperform the recovery in the underlying semiconductor names. It should be avoided during this rebound.

Park Se-ik CEO, ex-Chief Strategist 14:31

Trade semiconductors range-bound, buy dips sell rallies

Samsung Electronics historically peaks before SK Hynix, and the recent high on June 19 was made while SK Hynix peaked on June 25; now the stock must break strongly through the previous high of 374,500 won to validate the multi-year memory upturn thesis—failure to do so would suggest the memory cycle high may already be in.

Park Se-ik CEO, ex-Chief Strategist 14:31

Trade semiconductors range-bound, buy dips sell rallies

Semiconductor stocks and Samsung Electro-Mechanics have entered a trading-range environment: upside faces valuation traps as stocks become too expensive on rises, while shortages persist and demand remains solid; the best approach is to buy on dips and reduce on rallies rather than chase breakouts.

Park Se-ik CEO, ex-Chief Strategist 15:00

Buy equipment stocks on Changxin capex

Changxin Memory's larger-than-expected IPO and massive profits will drive aggressive investment, making semiconductor equipment stocks attractive at current prices after the recent sell-off; equipment names have fallen to attractive levels and should benefit from upstream capex.

Park Se-ik CEO, ex-Chief Strategist 16:50

Samsung SDI recovers key moving averages

Samsung SDI has been under pressure for two months after a bounce driven by secondary battery turnaround expectations, but institutions have been continuously buying; the stock is likely to recover its 5-month and 20-week moving averages before year-end.

Park Se-ik CEO, ex-Chief Strategist 17:44

Hana Engine bounce from long-term average

Hana Engine has pulled back to its 20-month moving average and is now turning upward, creating a favorable entry setup for a rebound trade.

Park Se-ik CEO, ex-Chief Strategist 22:41

Buy corrected former KOSDAQ leaders for rebound

Stocks that were strong leaders up to May and then corrected sharply during the market turmoil are forming classic rebounds off their 5-month moving averages; they were sold mainly due to broad risk-off and forced deleveraging, not deteriorating fundamentals, so they offer a statistically favorable rebound trade. The speaker highlights a basket of KOSDAQ names showing this pattern.

Park Se-ik CEO, ex-Chief Strategist 23:59

Biotech D&D, OliX buying on institutional flow

Several biotech names have corrected significantly, and where pipeline expectations remain high, institutional and foreign buying provides confirmation; D&D Pharmatech and OliX Pharmaceuticals are seeing institutional buying and offer buying opportunities on weakness.

Up Next

Mexico’s New Ambassador on ‘Balance of Power’

Bloomberg Markets · Jul 17

Covey: Race To Win Control of House Remains Competitive

Bloomberg Markets · Jul 17

Rep. Joe Morelle on Trump’s Doubts About US Elections

Bloomberg Markets · Jul 17

Collapsed Korean Stock Market… The Last Hope Is 'This' / One Card That Will Change the Fate of Samsung Electronics and SK Hynix | Director Park Hyunsang

815 Money Talk (815머니톡) · Jul 17

High-Earning Diners Seeking 'Adult Happy Meals'

Bloomberg Markets · Jul 17

This Chesley Investment Advisory (체슬리투자자문) video, published July 18, 2026, features Park Se-ik discussing EWY, 000660.KS, 402340.KS, 005930.KS, 009150.KS, 042700.KS, 006400.KS, 001440.KS, 080220.KQ, 108490.KQ, 240810.KQ, 036540.KQ, 178320.KQ, 403870.KQ, 209640.KQ, 089030.KQ, 092040.KQ, 131970.KQ, 036930.KQ, 166090.KQ, 140860.KQ, 098460.KQ, 393210.KQ, 347850.KQ, 226950.KQ. 10 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Park Se-ik · Tickers: EWY, 000660.KS, 402340.KS, 005930.KS, 009150.KS, 042700.KS, 006400.KS, 001440.KS, 080220.KQ, 108490.KQ, 240810.KQ, 036540.KQ, 178320.KQ, 403870.KQ, 209640.KQ, 089030.KQ, 092040.KQ, 131970.KQ, 036930.KQ, 166090.KQ, 140860.KQ, 098460.KQ, 393210.KQ, 347850.KQ, 226950.KQ