6PM Call: Lower the height
- Profit-taking pressure around the resistance zone of 1,180 points is still causing difficulties for VN-Index's recovery and making the index to lose its green color.
- With increasing signal of profit-taking pressure, market will need more time to absorb supply and It’s expected that VN-Index will continue to be supported when it steps back to 1,170 points.
After taking short-term profits in the previous session, the trading sentiment also became more cautious. VN-Index is struggling around 1,180 points. The selling pressure became stronger towards the end of the day, causing the index to lose balance and widen the drop. VN-Index dropped 2.76 points (-0.23%) and closed at 1,176.49 points. Liquidity decreased compared to the previous session with 480.5 million shares matched on HOSE.
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