Report

UNSUCCESSFUL BREAKOUT

The market made a move to surpass the 1,700-point resistance threshold but failed to maintain this achievement and reversed to a decline. Liquidity increased compared to the previous session, indicating that supply has significantly increased and is putting great pressure on the market.
The current reversal signal shows that the market's breakout was unsuccessful and that supportive cash flow is losing momentum against profit-taking supply. Combined with the reversal signal from August 22, 2025, the market's short-term correction risk is increasing.
However, the MA(20) area, at 1,650 points, is temporarily still having a supportive effect on the market and may help the market to temporarily recover to retest the supply pressure.
Provider
Viet Dragon Securities
Viet Dragon Securities

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Analysts
Phuong Nguyen

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