LOW LIQUIDITY
The market continued to show weak performance but still found support on pullbacks and formed a Hammer candlestick. Liquidity decreased compared to the previous session, indicating that both supply and demand cooled down and were in a probing state ahead of the resistance area.Currently, the market remains in a hesitant state and hasn't shown clear signals, so the tug-of-war movement may continue in the next trading session. Supply and demand signals in the 1,335 – 1,350 point area will significantly impact the market's next move.
If the market can decisively break above the 1,350 point resistance area with good liquidity, the previous upward trend will continue to extend.
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.