TradingKey – Samsung Electronics (KRX: 005930, quoted in KRW) is trading at ₩318,000, recovering from a double-bottom formation seen on the 2-hour chart, as the price is supported by an upwardly sloping trendline. The RSI indicator currently stands at 50.75, signaling a neutral condition with potential for more appreciation. Samsung’s stock has risen roughly 456% over the past 12-month period from the ₩60,200 low to the all-time high of ₩374,500, then it has since pulled back roughly 15%.

The company is due to announce its second quarter 2026 earnings results on July 23 after market closing. Korea Investment & Securities has predicted ₩178.7 trillion in sales and ₩86 trillion in operating profit in 2Q26, which although down…