EFFORT TO HOLD THE MA(200) ZONE
The market faced pressure to retreat below the MA(200) line, at the 1,657 zone, during the trading session but made an effort to rise back above this line in the late session. Liquidity decreased compared to the previous session, indicating a state of indecision between supply and demand around the MA(200).Although the market remains cautious, the effort to preserve the signal of rising above the MA(200) continues to provide the market with an opportunity to transition into a recovery phase. It is expected that the MA(200) zone will continue to provide supporting momentum for the market in the coming period, while also driving the market toward subsequent resistance levels such as the 1,700 zone and the MA(20) line
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.