SKHY: Bullish Trend ContinuesSK hynix Inc. Sponsored ADRBATS:SKHYBlaisefxacademySK hynix Inc. (SKHY) shares closed up 2.78% at $191.56 following a major catalyst involving a potential $15 billion IPO for its U.S subsidiary, Solidigm. The stock had a volatile week but found renewed upward momentum on heavy volume as the broader chip sector rallied and analysts raised expectations. Technical Insight: SKHY is positioned in ascending channel motion. The stock persist scaling in upside pathway with higher high and higher lows, in regard to the framework. Price is partially heading down to the trendline support, as we are anticipating a long retracement. Key Points: A confirmed pullback around $181-$185, activates another buy position to $214, as next potential bullish high. Thanks for reading, have a great weekend!