Report

6PM Call: Low liquidity

  • The market was constantly supported at 1,162 points of the VN-Index and recovered with the Marubozu candle covering the range of the previous candle. This is a pretty good support candle for the market in the current situation.
  • However, the liquidity dropped compared to the previous session, showing that the cash flow is insufficient, which has reduced the reliability of the current reversal signal.
  • It is expected that the market's recovery will temporarily slow down and need to explore supply and demand at the area around 1,190 points of the 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
Son Tran

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