Report

EFFORT TO BREAK 1,310 RESISTANCE

Despite experiencing significant volatility during the session, the market still found support at the 1,300 point area and made an effort to rise above the 1,310 resistance level. Liquidity increased compared to the previous session, indicating that cash flow continues to maintain its effort to support the market in the face of increased profit-taking supply.

The market has not yet shown a decisive upward movement after breaking through the 1,310 resistance level, but generally, cash flow is still attempting to cushion the market. This is also considered a positive signal in the current context, therefore the market has an opportunity to extend its upward momentum in the near future.
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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