Report

RECOVERY EFFORT

The market found support on a pullback and saw a slight recovery with a Hammer candlestick. Liquidity decreased compared to the previous session, indicating that supply pressure showed signs of easing as the market declined, while cash flow continued its efforts to uplift the market.
The current supportive signal, combined with the positive impact from the previous upward trend, could help the market recover and continue to test the 1,345 point resistance area in the near future.
For now, this resistance area may still put pressure on the market. Supply and demand signals at this resistance area will significantly impact the market's next move
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.

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Analysts
Phuong Nguyen

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