Report

MARKET DIVERGENCE

The market made an effort to gain points and continue challenging the area near 1,900 points, but was temporarily resisted, forming a Star candle. Liquidity increased compared to the previous session, showing that profit-taking supply remains strong as the market approaches the resistance zone.
The state of dispute combined with strong divergence reflects investors' cautious sentiment toward the 1,900-point mark—the upper boundary of the medium-to-long-term price channel. The market is expected to continue its efforts to challenge the 1,900-point area as it enters the new trading week, but it is necessary to remain wary of resistance pressure in this zone and the risk of short-term correction.
Provider
Viet Dragon Securities
Viet Dragon Securities

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.

Analysts
Phuong Nguyen

ResearchPool Subscriptions

Get the most out of your insights

Get in touch