Report

6PM Call: Extensive profit-taking

  • Profit-taking pressure expanded as the market headed closer to the strong resistance zone of 1,120-1,125 points despite efforts to maintain the upturn in the previous sessions, especially in large and medium cap groups.
  • It is likely that the market will be under pressure and disputes will occur more often since VN-Index is approaching the resistance area around 1,125 points, but the market is expected to be supported and gradually move towards this resistance zone. The nearest support zone is a gap up, corresponding to the 1,090-1,095-point range of VN-Index
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 Pham

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