Report

SLIGHT CORRECTION

Despite the positive signals from the previous session, the market remains temporarily cautious and has retreated to probe supply and demand. Liquidity decreased compared to the previous session, indicating a testing state between supply and demand after a strong recovery session.
The retreating movement has brought the market back below the MA(200) line at the 1,650 zone, but the market has not yet lost its balance thanks to supporting action at the 1,635 zone. This development is characterized as a retest of supply and demand around the MA(200) before the market makes a specific move. If the supporting cash flow remains well-maintained during this testing process, the market will have the opportunity to continue its recovery in the near future.
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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