Report

PLUNGE

The market failed to test the 1,700 point support area and continued its sharp decline. Liquidity increased compared to the previous session, indicating that supply continues its strong upward trend and is overwhelming supportive cash flow.
The market continues to lose balance, and the sharp decline below the 1,700 point area has signaled that the breakout above 1,700 points on October 9, 2025, has failed. This could put significant pressure on the market in the short term, and the 1,700 point area will continue to be a resistance zone in the near future.
It is expected that the market will enter an oversold condition at the 1,600 point support area in the next trading session but may recover to retest the supply pressure before the 1,700 point resistance area.
Provider
Viet Dragon Securities
Viet Dragon Securities

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Analysts
Phuong Nguyen

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