2d (edited) • Chart Reviews
Hynix
Macro Trigger: CPI came at 3.5 % YoY (vs 3.8% expected)
Sector Trigger : SK Hynix recent ADR in NASDAQ. AI memory bottleneck stock. Monday it was down to ADR listing price.
Strategy: This trading strategy is simple. You simply wait for the crossover between the 9 and 20 moving averages. When the 9 EMA crosses the 20 EMA to the upside, you have a buy signal. But when the 9 EMA crosses the 20 EMA to the downside, you have a sell signal. Simple as that.
Risk management: In case trading does not work as expected. Long term hold
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Hynix
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