SK Hynix Approves $38 Billion New Plant Investment; Shares Decline
📊 MU — Piyasa Yorumu
▼ down · 60%SK Hynix's massive investment is strengthening supply increase concerns in the sector, potentially putting pressure on memory prices. MU shares have already fallen 2.8% on the day to $870, dropping below the 20-day moving average. RSI at 45.7 indicates weak momentum, while MACD remains below the signal line, supporting a short-term bearish trend. The news may lead investors to react negatively to capacity expansion in the industry. However, the 50-day moving average at $861 could serve as nearby support, helping to limit the downside.
📊 WDC — Piyasa Yorumu
▼ down · 65%WDC shares have fallen 22% in the last 24 hours, with RSI at 25.4, indicating oversold conditions. MACD is negative and below the signal line, pointing to strong downward momentum. News of SK Hynix's major investment could heighten concerns about increased supply in the memory sector, potentially pressuring WDC further. In the short term, technical indicators remain weak, but oversold conditions may lead to a technical rebound. Therefore, while the trend is bearish, confidence level is maintained at moderate.