SK Hynix Stock Analysis: Key Support Levels After AI Memory Selloff

TREE NEWS reports: SK Hynix shares have fallen about 45% from their record high, currently trading near the 50% retracement level of their 52-week range. The recent rejection of a wage deal by production workers adds uncertainty, but analysts remain bullish with a consensus buy rating and average target price of 3.16 million KRW. Key support lies at 1.557 million KRW (August 25 low) and 1.62 million KRW (50% retracement), with resistance at 1.671 million KRW and the 1.943-2.0 million KRW zone.