EFFORT TO RECOVER
The market continued to correct during the session but found support at the 1,200 point area and rebounded. Liquidity decreased compared to the previous session, indicating that selling pressure is easing, and cash flow is still making efforts to support the market.The support signal at the 1,200 point area is giving the market an opportunity to complete its recent correction phase and recover in the near future.
It is expected that the market will head towards and retest supply and demand at the 1,240 – 1,265 point resistance area, an area near the MA(200).
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.