6PM Call: Polarization
- The downtrend of the market continued to stop at the lower boundary of the trend channel at VN-Index and VN30-Index, and at the same time recovered. In terms of VN-Index chart, the market has a Hammer candlestick confirming the lower boundary of the trend channel, which can help the market gradually stabilize and recover in short term.
- However, it should be noted that the pressure of "force sell" still exists in many stocks, which will put pressure on the market when entering the next trading session. If the supporting cash flow can help absorb the pressure of "force sell", it is likely that the market will enter a short-term recovery span.
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.
RongViet Research reports are diversified and abundant, along with in-depth analysis and performed by experienced, highly-qualified and knowledgeable teams. With the objectives of transparency, accurate and timely manner, RongViet believes that our products would always be important sources of information for customers/investors’ investment decisions.”
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.