Short positions are trapped by 160 points! Shen Ce tells you: How much higher can SK Hynix go? A counter-trend short is trapped—should you stubbornly hold on, or admit you made a mistake? Shen Ce gives you the most candid advice!

First, look at the news flow—this is the underlying logic that decides the direction. Today, SK Hynix surged violently by 11%. The key catalyst is Micron’s earnings report coming in comprehensively above expectations, directly igniting the entire storage sector.

Even more significantly, on July 10, Hynix will list ADRs on Nasdaq, giving exposure to passive funds and ETFs that invest only in U.S. stocks. Its valuation is benchmarked against Micron—Micron’s expected P/E is 8x, while Hynix is only 3-4x. Just how much room is there for valuation repair? You decide.

On the fundamentals, Wall Street investment bank Bernstein has just sharply raised its target price for Hynix to 3.3 million Korean won, while maintaining an “outperform” rating. The core logic is that HBM prices may rise 2-2.5 times next year. Even Korean brokerages are calling for a highest target price of 4.3 million Korean won, stating outright that the “storage supercycle” will last at least until 2027.

What about the technicals? The price has strongly rebounded from around the BOLL lower band at 1636, and is now pressing toward the 1750 resistance zone. On the 4-hour timeframe, trading volume shows a spike to 6.53x the average volume. Volume at this level usually means the coin enters a high-attention area—whether it moves up or down, volatility will amplify.

How to unwind the position: Shen Ce’s predicted pullback target is in the 1780-1800 range. But whether to hold on, when to exit, or whether to flip the position depends on a comprehensive assessment of your position size, margin, and liquidation price. Everyone’s situation is different—there is no standard answer.

Want to know the specific unwinding levels and trading rhythm? #0成本拿2股SK海力士 $SKHYNIX