KOSPI Breaks Below 120, Sell Sidecar Triggered as Oil and Bond Yields Rise

The market is currently under pressure from simultaneous global rate increases, with the KOSPI falling below the 120 level. As a result, a sell sidecar was triggered for the second time in August, and the market correction continues. This sharp decline calls for investor caution.

Normally a falling exchange rate leads to foreign buying, but this decline appears to reflect foreigners taking short positions and moving foreign currency out to the United States. This is dampening market sentiment.

In addition, reports of delayed data center construction have made some semiconductor supply appear unstable. The rise in bond yields has revived talk of rate hikes, causing difficulties for some biotech sectors. Overall macroeconomic indicators are weighing negatively on the market.

GNC Energy is drawing attention as a representative beneficiary of mega projects. News that its order backlog has tripled in three and a half years has heightened expectations for future earnings growth. With mega-project orders likely to keep coming, GNC Energy is expected to serve as a leading stock going forward.

Reports that Samsung Electronics will expand its supply chain for HVC and humanoid robots have put related component stocks in focus. The market expects parts such as air-conditioning motors and reducers used in robots to benefit in particular. Accordingly, Irensys is likely to emerge as a key beneficiary.

With China's Unitree going public, the domestic robot sector was expected to gain a reflected benefit, but after strength early in today's session, the robot market has paused. Even so, interest in the robot sector should be maintained, since robot-related issues continue to emerge.

This could be an opportunity for Korean automotive and robot component technology to gain recognition in overseas markets. It is an important event that could prove the global competitiveness of domestic parts.

This is likely to become an important growth driver for domestic robot component makers.

This shows Hyundai recognizes the growing importance of robotics in future mobility markets. The resulting movement around autonomous driving momentum could emerge, and Hyundai's business diversification is expected to have a positive effect across related industries.

The company we are targeting today is SOS Lab. It primarily produces LiDAR components for autonomous driving, and also manufactures 3D LiDAR components that are essential for robots and smart infrastructure. SOS Lab is drawing attention as a company with the technical capability to play a central role in future mobility and robotics industries.

LiDAR was previously produced mainly as rotating units, but the technology is now evolving toward solid-state (fixed) LiDAR. Fixed LiDAR is lighter and more compact, allows a variety of designs, and offers the advantage of lower unit costs. This technological progress will play an important role in expanding the autonomous driving and robotics industries.

Domestic autonomous driving momentum fundamentally requires LiDAR to be installed in order to move. The role of LiDAR is therefore critical to the advancement of autonomous driving technology. Moreover, mobile transport robots can also carry LiDAR components and interlink with one another, establishing LiDAR as an essential element in domestic autonomous driving and robot ecosystems.

This is an important process in which SOS Lab's 4-legged robots are being evaluated for safety. If the safety assessment proceeds successfully, LiDAR is likely to become an essential material in the robotics field, and SOS Lab could strengthen its position in this area.

Trading volume came into SOS Lab today, and the upper-wick candle pattern suggests accumulation is likely. Accordingly, a strategy of holding SOS Lab as a medium- to long-term momentum play, rather than a short-term trade, appears more effective. Sustained attention and long-term investment are needed.

Investors should refer to these presented target and stop-loss prices and approach the stock carefully.