[Market/Nuclear Stocks] Woori Technology (032820) has entered a short-term correction phase, plunging for two consecutive days. Following the stock price decline around the weekend, investors' attention is focused on defending the '13,000 won level.'

According to the Korea Exchange on the 8th, Woori Technology finished trading at 13,000 won, down 1,200 won (8.45%) from the previous trading day. During the session, it rose to 13,550 won in an attempt to rebound, but was pushed back by selling pressure and eventually closed lower. The trading volume for the day recorded 3,941,226 shares.

Previously, on the 5th, the market also closed at 14,200 won, down 1,490 won (9.50%). At the time, it started with an opening price of 15,690 won and a high of 15,700 won, but could not avoid a weak performance as intraday losses widened.

■ Entering correction after 4 consecutive days of gains... Impact of weak nuclear power stocks

As a result, the stock price recorded a decline of nearly 18% over the past two trading days. This is interpreted as a correction phase to alleviate the burden of short-term overbuying following the recent four-day bullish trend. In particular, amid the overall weakness of nuclear power-related stocks in the market on the 8th, Woori Technology is also analyzed to have faced downward pressure due to factors such as shrinking investor sentiment.

The market is focusing on whether the burden from the short-term surge will be alleviated, along with the defense of the '13,000 won level.' With recent stock market volatility expanding, the stock price movements of nuclear power stocks have become even more sensitive. This is the time to closely monitor future supply and demand changes, issues related to nuclear power policies, and whether risk appetite in the overall market will recover. It remains to be seen whether it will lay the groundwork for a rebound amid the consecutive downward trend, or whether it will undergo further adjustments.

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