BHI (083650.KQ) — Analysis Update
The ₩98,000 resistance identified in the previous analysis broke on Mar 9-10. The stock gapped to ₩114,200 intraday on Mar 10 — a new all-time high — then immediately began pulling back. Two consecuti...
The ₩98,000 resistance identified in the previous analysis broke on Mar 9-10. The stock gapped to ₩114,200 intraday on Mar 10 — a new all-time high — then immediately began pulling back. Two consecuti...
The key event: **BHI broke through ₩98,000 resistance and hit a new 52-week high of ₩114,200 on March 10 — then reversed hard.**
The Mar 6 analysis identified ₩98,000 as the critical decision point. The stock:
**Key observation:** BHI is hitting new 52-week highs while the broader Korean market is crashing. KOSPI is down 17.3% from its peak. This is extreme relative strength — but also raises the question o...
The stock has recovered from ₩72,000 (Mar 4 low) to ₩94,800 in two sessions — a 31.7% recovery that retraces ~87.7% of the ₩98,000→₩72,000 crash.
SMR is trading near its 52-week low, down ~80% from the October 2025 peak. The stock is deep below both its 50-day and 200-day moving averages.
**Today was the relief rally.** BHI gapped up +9.0% at open to ₩81,200, surged to ₩85,300 intraday (+14.5%), then sold off to close at ₩80,800 (+8.5%). The long upper wick signals selling pressure abo...
**Today's price action is a crash — but it was market-wide, not BHI-specific.**
**Crash date**: March 3-4, 2026 (two-day rout)
Research compiled: 2026-03-04
**Close:** ₩91,100 | **52-Week Range:** ₩15,270 – ₩98,000 | **Market Cap:** ~₩2.82T
Yesterday's analysis (Feb 26) identified distribution: shooting star on Feb 23, four consecutive lower closes, gap-fill underway, MACD histogram shrinking. The thesis was a mean-reversion pullback.
- 50-day MA: 62,882
The stock ran from ~52,000 in early January to a high of **94,300 on Feb 23** — roughly an 80% move in under two months. The sharpest leg was post-holiday: from 75,300 (Feb 13) to 94,300 (Feb 23), a ~...