MOMENTUM FROM THE VINGROUP STOCKS
The market continued its upward trend and is approaching the 1,750-point resistance area. Liquidity slightly decreased compared to the previous session, indicating that cash flow is still making an effort to support the market, and supply is temporarily not putting significant pressure on the market.The market is consolidating its gaining trend after signaling a break above the 1,700 – 1,710 point resistance area in the previous session. However, the liquidity signal is not truly positive, and the differentiated price action remains quite prominent.
It's expected that the market will enter a strong state of contention when testing the 1,750 – 1,760 point resistance area in the next trading session, and there is a likelihood that volatility and cooling down to retest supportive cash flow may emerge.
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.