New High and New Low Stock Counts Hint at Rebound | Executive Director Park Se-ik, Chesley Head of Learning & Manager Jo Jae-wan [Byeoljubujeon / 26.09.05.Sat]

Summary

Hosts and guests review KOSPI rebound evidence from foreign futures/options and a new-high/new-low breadth indicator, then discuss Samsung SDI's ESS-driven turn and technical setup. The debate centers on solid-state battery risk as the key re-rating variable, while semiconductor equipment/materials is called the market's top group and DN Automotive is named as a linked machine tool idea.

• Foreign futures/options golden cross and improving supply support a possible KOSPI rebound around Chuseok.
• A custom new-high/new-low stock ratio points to a potential breadth golden cross by late September or October.
• Samsung SDI is pitched as the strongest Korean battery play on US ESS demand, tariffs, and non-dilutive cash.
• Chart analysis sees Samsung SDI holding key moving averages with a cup-and-handle attempt at prior highs.
• LNF is identified as the secondary battery materials leader.
• Solid-state battery success is debated as the key to premium valuation for Samsung SDI and Toyota.
• Semiconductor equipment/materials is called the current market's top group, with DN Automotive as a linked machine tool idea.