SHI Hit 30,000 KRW and Pulled Back—Hard to Say If It's a Good Sign

It's great that Samsung Heavy Industries finished up +3.61% today, but hitting 30,150 KRW intraday and then slipping back to 28,700 KRW leaves a bit of a bitter taste. Still, it's definitely positive that we keep getting FLNG-related news.

The article I just saw on Naver is about the Delfin FLNG, and since it involves not just simple construction but also financing and operations, the catalyst seems quite big. Rather than aggressively buying more right now, I'm leaning towards waiting to see if it breaks back above 30,000 KRW before jumping in.

Article link: http://www.the-biz.co.kr/news/articleView.html?idxno=721903