Investors Are Possibly Taking Profit at Mid and Small Cap Stocks
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Investors are concerning on the resistance 730 pts. They could have taken profit at mid and penny cap stocks after these shares have rallied strongly. So, we recommend investors to lower the allocation to these stocks. Otherwise, bluechips are showing their potentials as many of them are in accumulation phase or are very closed to short-term supporting level. Therefore, investors can try to look for opportunities at large cap stocks because they are the most likely contributors to the VNIndex if it tries to surpass the 730 pts.
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