Report

EFFORT TO GAIN POINTS

The market continued its effort to gain points and challenge the area near 1,900 points, but was temporarily restrained in this zone with a Star candle pattern. Liquidity increased compared to the previous session, showing that profit-taking supply remains quite strong as the market approaches the resistance zone, yet supportive cash flow has become more proactive across many stock groups and is striving to absorb the supply.
This state of dispute may continue in the next trading session, but the market still has an opportunity to gain points thanks to the active state of cash flow. The market is expected to attempt a challenge of the 1,900-point area, the upper boundary of the medium-to-long-term price channel; supply and demand signals at this level will have a major impact on the market's next move.
Provider
Viet Dragon Securities
Viet Dragon Securities

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Analysts
Phuong Nguyen

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