Samsung Electronics and SK Hynix Bollinger Band Lower Break: Domestic Investment Strategy Seen Through Charts | Chesley Investment Advisory Manager Oh Wooseok

Summary

Oh Wooseok, Manager at Chesley Investment Advisory, provides a chart-focused market analysis using Bollinger Bands and moving averages. He argues that the KOSPI sell-off was not fundamental-driven and advises against selling into the bounce. He warns that Samsung Electronics and SK Hynix have experienced a bearish weekly Bollinger mid-band breakdown that often leads to the lower band, and similarly advises selling GigaVis. He flags Amorepacific and Samsung Electro-Mechanics as setups to watch if earnings materialize, while noting Hybe remains in a downtrend to avoid.

• KOSPI bounce should not be sold because the decline lacked fundamental triggers
• Samsung Electronics and SK Hynix broke weekly Bollinger mid-band, signaling further downside
• GigaVis also broke its mid-band and is recommended as a sell from a chart perspective
• Amorepacific may enter an uptrend if Q2 earnings confirm strong cosmetics data
• Hybe stays in a downtrend and is unattractive until a base pattern emerges
• Samsung Electro-Mechanics is watched for a potential breakout once earnings validate high valuation