EFFORT TO STABILIZE
The market underwent a correction during the session but found support in the 1,360 point area and recovered. Liquidity decreased to a low level, indicating that temporary supply pressure wasn't strong during the market's decline. However, cash flow remains hesitant and is awaiting market signals.With an end-of-session uplift, the market is still receiving support from the upward Gap formed on June 24, 2024, and the prior upward trend continues to have a positive influence. Concurrently, current supply is also showing signs of gradually cooling down.
These signals could create upward momentum for the market in the next trading session and allow it to retest the 1,372 point resistance area.
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.