16. Samsung Electronics Fatalism

 

16. Samsung Electronics Fatalism

Number 15 (Samsung Electronics Fatalism) is posted 16 times in a row.

The author, who predicted that Samsung Electronics could reach 36,000 KRW, has decided to conduct a more detailed analysis of yesterday’s and today’s charts. Recognizing that the previous conclusion might have been somewhat hasty, a more in-depth review led to the creation of a response strategy called “Plan B.”

 

It is notable that the author rarely posts about Samsung Electronics two days in a row, underscoring the importance of this analysis.

 

### The Importance of Chart Analysis

Consistent principles are essential for chart analysis. Without them, it is easy to make flawed judgments. As emphasized in our ‘Trend Story,’ one year consists of just 12 months, and the 10-day moving average on the yearly chart corresponds to the 120-day moving average on the monthly chart.

Although the 10-day moving average on the yearly chart appeared to have broken down yesterday, an analysis of the monthly chart at 12 times magnification showed that the support line was still intact. In other words, support at the 120-day moving average on the monthly chart was confirmed, indicating that the stock was not in a state of complete breakdown but rather holding support.

 

### Monthly Chart Interpretation

On the monthly chart, attention should be given to the lower boundary of the price range. When observing the lower section marked with a red circle, the tail of the candlestick becomes noticeable. This candlestick tail suggests that the support line has not been breached.

 

Therefore, if the 120-day moving average on the monthly chart holds, the main premise can be revised. However, if this support line is broken, Samsung Electronics could potentially fall to 36,000 KRW. Investors should, therefore, plan their strategies with approximately one month of response time.

 

Lastly, it is worth reiterating that investment strategies should not be decided hastily. Instead, a composed approach is essential. Take your time to respond thoughtfully while carefully observing market movements.