Report

DIVERGENT PERFORMANCE

The market continued its upward trend, surpassing the 1,450 point threshold, but showed significant contention around the 1,460 point threshold. Liquidity increased compared to the previous session, indicating that profit-taking supply is showing signs of increasing again as the market rises rapidly. However, this has not yet created excessive pressure on the market.
The current contention could put downward pressure on the market in the next trading session. Nevertheless, it's expected that the market will find support on pullbacks and have an opportunity to resume its upward movement, thanks to the positive influence from the gains in recent sessions.
If the market breaks above the 1,460 point area, the next target will be the 1,480 point area.
Provider
Viet Dragon Securities
Viet Dragon Securities

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Analysts
Phuong Nguyen

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