Phyrex
Phyrex|Aug 20, 2026 09:02
This morning, I was busy practicing my swing, so I didn’t pay much attention to the short position I held overnight. I was betting on SK and ADR continuing to drop today, but instead of falling, SK actually surged by 12.73%. Looks like it’s a reaction to yesterday’s 40 trillion KRW announcement. Technically, I should’ve sold since there’s still profit, but I didn’t. The main reason is that I noticed MU and SNDK were dropping, which means this isn’t a full semiconductor recovery-driven rebound. Plus, even though the 40 trillion KRW news came out after the Korean market closed yesterday, the U.S. market has already reacted. Will the U.S. market continue to respond today? Personally, I think if it’s not a broad semiconductor recovery, it might still be worth trying a short position. I’ve got another order at $168 and plan to set my stop loss before $170. @Gate Crypto, U.S. stocks, Hong Kong stocks, Korean stocks, gold, CFD, prediction markets all-in-one trading platform
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