Report

EFFORT TO ADVANCE

The market continued to test the 1,350 point area and showed better results than the previous two sessions, with the VN-Index closing above the 1,350 threshold. Liquidity decreased compared to the prior session, indicating that supply pressure isn't yet strong, even though the market is at a resistance area. However, cash flow is temporarily hesitant and awaiting market signals.
The market hasn't decisively broken above the 1,350 – 1,355 point resistance area, but the end-of-session uplifting effort is creating an opportunity for the market to continue testing its ability to break above this resistance. Supply and demand signals at this resistance area will significantly impact the market's next move.
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
Phuong Nguyen

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