APPROACHING PRIOR PEAK
The market experienced strong contention ahead of the 1,340 point area, the peak area in March 2025, but still made efforts to maintain its upward momentum. Liquidity increased compared to the previous session, indicating that profit-taking supply continued to rise as the market approached the resistance area, especially with profit-taking activities from foreign investors.The tug-of-war movement and testing of the 1,340 point resistance area will continue in the next trading session. With supportive efforts from cash flow and positive impact from the previous upward trend, the market has an opportunity to break above this resistance area after absorbing profit-taking supply.
If the 1,340 point resistance area can be conquered, the market's upward trend will continue to extend.
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.