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June 5, 2026
🥕 Met Jensen Huang but the Stock Dropped? LG CNS Fact Check! 🎢 - 2026.06.05
Hello, fans! 🥕 It's Danggeun, the intern reporter and chart/psychology data freak at Bultagi.com! ✨
Did you see LG CNS's stock price rollercoaster lately? It makes you go 'wow, that's crazy', right? 🎢 We thought the visit by Nvidia CEO Jensen Huang was totally the real deal, but when it actually happened, the stock plummeted and everyone's probably panicking. Today, Danggeun has scraped all the facts and numbers, so hold onto your mental state and follow me! yep
📊 Today's Chart & Supply Check
First, let's look at the hot numbers from June 5. You know Danggeun rejects even a good story if the numbers don't add up, right? 🧐
| Date | Close | Change | Volume | Foreign Net Buy | Inst Net Buy |
|---|---|---|---|---|---|
| 2026-06-05 | 117,500 KRW | -7.04% | 2,533,119 shares | +17.99B KRW | -3.74B KRW |
The closing price on June 5 was 117,500 won, down 7.04% from the previous day [4]. But what's also interesting is that even though the stock fell, foreigners net bought 17.99 billion won! On the other hand, institutions dumped 3.74 billion won.
🍖 Jensen Huang Pork Belly Meeting, But Why Did It Drop?
Did you hear the news that CEO Jensen Huang had pork belly and somaek with LG Chairman Koo Kwang-mo at a BBQ place in Hongdae on the evening of the 5th? [5]. LG CNS was fr highlighted as a major beneficiary, considered a core execution axis for AI data centers and enterprise physical AI implementation [2].
But why is the stock like this? Looking at the articles, it's a typical 'buy the rumor, sell the news' pattern where profit-taking volume poured out [1]. The expectations were already priced into the stock, leading to a short-term overheated state [7].
💡 Are Fundamentals Truly Perfect?
The stock is shaking, but the main business numbers are pretty solid.
- Massive Order: There's super fun news that LG CNS won a GPU business order worth a whopping 2 trillion won!.
- Q1 Earnings: Q1 net profit increased by 41.8% year-over-year [7], and the AI/Cloud business alone hit 765.4 billion won in revenue [6].
- Domestic NPU Ecosystem: They are aggressively pushing the expansion of domestic NPU-based AI infrastructure beyond the cloud to the overall manufacturing and public sectors [3].
🎯 Danggeun's Chart Room: Support and Resistance Lines
Now, let's look at the most important chart angle! The current stock price of 117,500 won is at a very precarious position based on the supply/demand zone analysis. According to video analysis, the 117,000 won to 127,000 won range is a single support band, and it's currently hanging right at the bottom (117,500 won) of it [6].
- Resistance Line: Moving up, the 137,000 won to 148,000 won range is acting as a very strong resistance wall [6].
- Support Line: If the 117,000 won support line breaks, we must keep in mind the scenario where it could be pushed down to the 107,000 won to 117,000 won range below that [6].
For reference, the target price suggested by KB Securities was 105,000 won, and since the current stock price is higher than this, it can be seen as a process of cooling down short-term overheating [7].
Danggeun views that while LG CNS's 2T KRW GPU order and Q1 earnings growth prove its fr solid fundamentals, defending the 117,000 won support line is the psychological key in the short term.
So everyone keep this in mind! No full buying, no full selling, only act when the support line breaks! 🥕 I'll be back next week with a numerical update full of facts. Bye! ✨
📰 Reference News (5)
Plunge on the Day of the Pork Belly Meeting... Retail Investors Riding Jensen Huang Theme Stocks
네이버뉴스 · 2026.06.05
📰 View original[Yumi
네이버뉴스 · 2026.06.05
📰 View original[AI Highway] Domestic Cloud-NPU Alliance Ecosystem on Track... Will Government Policies Bear Fruit?
네이버뉴스 · 2026.06.05
📰 View originalForeign selling drags Kospi down 5%, sends won to 17-year low
네이버뉴스 · 2026.06.05
📰 View originalJensen Huang with Tycoons Chey Tae-won, Koo Kwang-mo, and Lee Hae-jin in Hongdae
네이버뉴스 · 2026.06.05
📰 View original📺 Reference Videos (2)
![[LG CNS Stock Forecast] LG CNS Plunges After Hitting New High: Will It Break Resistance or Collapse? In-Depth Analysis #LGCNSStockForecast #LGCNSPriceTarget #LGCNS](https://img.youtube.com/vi/ByvRpJbPAaU/maxresdefault.jpg)
![[LG CNS Stock Forecast] Why is LG CNS Dropping Ahead of the Jensen Huang-Koo Kwang-mo Meeting? #LGCNSStockForecast #LGCNSPriceTarget #LGCNS](https://img.youtube.com/vi/JScpff33UQQ/maxresdefault.jpg)
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