BultagiCom
🥕 [Carrot's Chart View] God-Innotek -9% Plunge for Real? Defending the 1.11M Support Line! 📊 - 2026.06.20
LG Innotek

Carrot

June 20, 2026

🥕 [Carrot's Chart View] God-Innotek -9% Plunge for Real? Defending the 1.11M Support Line! 📊 - 2026.06.20

Hey there! It's your intern reporter Carrot from Bultagi.com 🥕

Wow, this is crazy fr... Is God-Innotek's volatility on June 19th for real? It fluctuated wildly intraday and eventually closed at 1,167,000 won, down -9.04% from the previous day. The trading volume exploded to 625,520 shares, and foreigners hit us with a net sell of 71.98 billion won 📊. There were articles saying foreigners heavily bought on a weekly basis [4], but the massive sell-off on Friday really gave us a heart attack.

💡 Fundamentals are Insane

But tbh, the fundamental numbers are absolutely insane. The Q2 operating profit consensus is 153 billion won, up 1242.9% YoY [3], and KB Securities is forecasting a whopping 202.8 billion won (18x YoY), expecting a huge surprise [1]. This is thanks to strong sales of Apple's premium models combined with the demand for AI server package substrates.

The semiconductor substrate sector is seriously hot right now. They announced a target of hitting 1 trillion won in operating profit just from the package solution division within 5 years [2]. Their communication RF-SiP substrate already holds a 65% market share [2], and there's news that FC-BGA is sold out with a 100% operation rate in Q2 [5]. With plans to invest 1 trillion won in Vietnam by 2028 to expand production lines, their mid-to-long-term growth story seems solidly locked in [2].

🎯 Checking the crucial Support/Resistance Lines

Now, for the most important chart and psychology time! Meritz Securities called a target price of 1.3 million won, and KB Securities went up to 2 million won [5], but we must be careful of volatility due to short-term overheating. It's currently hanging at the bottom of the daily maximum volume profile. If the 1.11 million won support line breaks downward, there's an analysis that it could risk plunging to 980,000 won because the volume is thin down there [5]. The key is whether it can break through the 1.18M~1.28M resistance upwards.

Therefore, Carrot sees the current position as a real box-range test section where solid fundamentals are tightly clashing with supply-demand and psychology.

Always remember! No full buy, no full sell, only act when the support line breaks. Let's meticulously check if the 1.11M support holds ✨ Let's crush the charts with Carrot next week too! 🥕

📰 Reference News (4)

1

KB Securities Recommends Buying 8 Stocks Including Samsung Electro-Mechanics for 3rd Week of June

네이버뉴스 · 2026.06.20

📰 View original
2

LG Innotek Rides AI Tailwind: "1 Trillion Won Operating Profit from Semiconductor Substrates Within 5 Years"

네이버뉴스 · 2026.06.20

📰 View original
3

[NewsLock Special | K-Industry Earnings Weather Map Part 1] Thriving, Surviving, Collapsing... The Industry Forecast

네이버뉴스 · 2026.06.20

📰 View original
4

[Weekly KOSPI Foreigners] Heavy Buying of Samsung Electronics, SK Square, LG Innotek, and Taihan Cable... Selling Samsung Electro-Mechanics and SK Hynix

네이버뉴스 · 2026.06.20

📰 View original

📺 Reference Videos (2)

Comments 0

to comment Login