The South Korean multinational automotive manufacturer, Hyundai Motors was ranked world's third-largest carmaker in 2022 in terms of production.
Hyundai motor group(which includes Genesis and Kia brands) has grown massively during the last decade surpassing giants like General motors, Nissan, Ford and Stellantis (in terms of annual sales volumes). At this point...
You can take the risk and buy KR MOTORS stock tomorrow, pay attention to the tough resistance level we have at 754, set your TP and SL and pay attention to the resistance line.
Here's a trade for tomorrow for you Korean traders on the DONGWHA PHARM stock, buy it and set your TP and SL, pay atttention for the resistance level at 10350.
HELLO GUYS THIS MY IDEA 💡ABOUT 003490 KOREAN AIR is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Seller from this area will be defend this SHORT position..
and when the price come back to this area, strong SELLER will be push down the market again..
DOWNTREND + Support from the past + Strong volume area is my...
USDKRW reversed off its resistance at 1178.48 where it could potentially drop further to 1169.57.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
USDKRW expected to rise up to 1st resistance at 1175.78 where it could potentially react off and drop down to 1st support at 1150.98.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
The Korea Composite Stock Price Index is currently on a 5 week bullish streak (5 green 1W candles in a row) approaching the overbought zone on 1D (RSI = 70.924).
The important development on the 1W chart though has been the Death Cross formation (MA50 below MA200) earlier this June. This is generally a bearish signal but last time that happened in February 2009...
The Seoul index is approaching the multi year Higher Low Support Zone on 1M, which has just turned bearish (RSI = 41.949, MACD = -21.310, Highs/Lows = -101.3235). This creates the optimal conditions for a long term quarterly buy opportunity. Based on previous similar candle patterns, the rebound is expected to go as high as +17.45%. Our target for the next three...
