Report

RECOVERY

The market reversed for a recovery, returning above the MA(50) line at 1,785 points while approaching the 1,800 psychological resistance zone. Liquidity increased compared to the previous session, indicating that supporting cash flow has returned after several cautious sessions, providing recovery momentum for the market.
Although the market saw a relatively good gain, this upward movement may temporarily be technical in nature, resulting from the previous imbalance. Currently, the market has closed in on the 1,800 resistance zone; it is expected to be cautious at this level and undergo exploratory fluctuations within the 1,785 – 1,805 range before more specific signals emerge. If the market can establish an equilibrium in this area, there will be an opportunity to extend the recovery.
Provider
Viet Dragon Securities
Viet Dragon Securities

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Analysts
Phuong Nguyen

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