Report

EFFORT TO REGAIN GREEN

The market experienced strong volatility but quickly found support in the area below 1,320 points and rebounded. Trading volume decreased compared to the previous session but remained at a relatively high level, indicating that the selling pressure from supply is not overly significant and cash flow is still maintaining momentum to support the market.

The current rapid recovery signal is showing that the market trend is still positive, while the correction movement may only be a market rebalancing after the recent price increase and attract more supporting cash flow. Contestation may continue, but it is expected that the market will continue to find support and gradually move towards the next resistance area, the 1,350 point area.
Provider
Viet Dragon Securities
Viet Dragon Securities

Viet Dragon Securities belongs to top 20 biggest securities companies in terms of chartered capital in Vietnam. With a qualified, dedicated and professional team, a widespread network, advanced technology, diversified products and services, and good relationship with local and foreign institutions, we provide a wide range of services and products to our clients both individuals and institutions, both local and foreign. We commit to provide our clients with promising investment opportunities and a comprehensive and professional financial investment services.

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Analysts
Phuong Nguyen

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