Korea Pre-Market Morning Briefing: Machinery and Energy Value Chain Focus with Key Support Levels

### 1. Global Macro Environment and Pre-Market Direction Global financial markets showed volatility amid high interest rates, with the U.S. 10-year Treasury yield at 4.96% and the dollar-won exchange rate closing at 1,355.2 won. Federal Reserve net liquidity remained at $5,869.1 billion, forming a restrictive liquidity environment. WTI crude oil was recorded at $89.89 per barrel. Screening data for the domestic market reveals clear common theses governing capital flows. Outperforming breakout stocks concentrated in machinery, general industrial manufacturing, steel, metal materials, and financial sectors, driven by export and exchange rate benefits alongside explosive order backlogs. Chart patterns exhibited an average 1-month return of +4.8% and volume surges breaking above upper resistance lines . Conversely, breakdown candidate groups in construction, infrastructure, health supplements, and biotech shared vulnerabilities to margin pressures from prolonged high interest rates, showing downtrends and core support line breaches. ### 2. Core Momentum Stocks Concentrated with Buying Flows - **SNT Energy (100840.KS)**: Trading at 38,500 won with a +4.76% daily increase and 21.8 billion won in trading value. It forms a strong uptrend, surging +19.0% from recent lows and breaking upper resistance. The upper resistance is 40,550 won and the lower support is 36,500 won. Chasing should be verified upon breaking 40,550 won, while phased entries are valid near 36,500 won. - **LS Eco Energy (229640.KS)**: Trading at 59,500 won with 14.4 billion won in trading value. It maintains strong momentum, surging +34.5% from recent lows. The upper resistance is 63,000 won and the lower support is 53,400 won. Given entry into overheated zones, chasing before 63,000 won is restricted, requiring support tests near 53,400 won. - **Samsung Electronics (005930.KS)**: Trading at 276,500 won with a +0.91% increase and massive trading value of 5.0 trillion won, maintaining a steady upward trend of +5.7% over the past month. The upper resistance is 288,000 won and the lower support is 189,200 won, allowing for stable phased accumulation based on large-cap inflows. ### 3. Downside Volatility Expansion and Restricted Buy Stocks - **Nuon (123840.KQ)**: Trading at 1,773 won down -4.11%. While consolidating in a range over the past month, downside pressure toward the lower support of 1,355 won from the upper resistance of 2,325 won is increasing. With negligible trading value, liquidity risks prevail, and new purchases are strictly prohibited. - **CMG Pharmaceutical (058820.KQ)**: Trading at 549 won down -4.85%. Located at the lower end of its consolidation range between upper resistance at 689 won and lower support at 526 won. Concerns regarding designation as an administrative issue and stock consolidation require a conservative risk management stance. ### 4. Portfolio Operation Principles and Risk Guidelines Apply phased buy strategies upon breaking upper resistance for leading machinery and export-related stocks experiencing concentrated morning inflows. However, avoid aggressive chasing in overheated zones and prioritize pullbacks near designated support lines. Strictly enforce weight reductions and stop-loss principles on lagging companies suffering from downside breakouts and depleted trading volume. Maintain an appropriate cash proportion in response to macro uncertainties and ensure rigorous risk management.