MX Forecast

Bullish Case: Optimism surrounding the MX options term structure and recent important political events in Mexico could spark a bullish sentiment. Additionally, any positive news regarding semiconductor technology advancements would be key catalysts.

Bearish Case: MX's prolonged price decline and elevated volatility suggest a bearish outlook. The flat Helium AI price forecast, underwhelming flat price action, and historical underperformance add to the bearish sentiment.

Potential Outcomes:

1. Positive Tech News (30%): +20% return.

2. Market correction (50%): -10% return.

3. Regulatory/Historical Patterns sustain (20%): -5% return.

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June 20, 2024

MagnaChip Semiconductor Forecast

MX      MagnaChip Semiconductor

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