Woori Technology (032820) Stock Price Drops 3.79%... Focus on Defending 13,000 KRW 'Psychological Support Line'
As Woori Technology's (032820) stock price showed weakness on the 10th, investors' attention is focused on whether it can defend the psychological support line

As Woori Technology's (032820) stock price showed weakness on the 10th, investors' attention is focused on whether it can defend the psychological support line of 13,000 KRW. Considering that the price had surpassed 20,000 KRW just last month, the recent downward trend presents an even more contrasting situation.
In the stock market on the 10th, Woori Technology closed trading at 13,200 KRW, down 3.79% from the previous day. During the session, it was pushed back to 12,870 KRW, causing the 13,000 KRW level to briefly collapse. Therefore, whether the stock can hold the 13,000 KRW line in the future is cited as the key to its short-term price trajectory.
Previously, Woori Technology had shown a strong performance, touching 20,000 KRW during the intraday trading on May 13. However, it is analyzed that recent changes in the market's investment sentiment toward risky assets and the expanding volatility of nuclear power theme stocks are negatively impacting the stock price. This is a time to monitor the upcoming flow of nuclear power policy news, changes in supply and demand, and the investment sentiment for theme stocks to observe the stock's movements next week.
Meanwhile, the KOSDAQ index, which includes Woori Technology, fell 1.67% to close at 951.63 on the same day, while the KOSPI index ended trading at 7730.82, down 4.52%.
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