Report

STEPPING BACK

The market underwent a correction after facing resistance from the zone above 1,700 points in the previous session; however, it temporarily found support as it pulled back near the MA(20) at the 1,680 level. Liquidity decreased compared to the prior session, indicating that supportive cash flow has temporarily cooled down and transitioned into a cautious, exploratory stance.
This correction may persist in the next trading session to retest the upside gap formed on April 1, 2026, and the MA(20) zone. It is expected that the MA(20) will provide supportive momentum, helping the market recover and continue its exploration of the 1,700 – 1,740 resistance zone—the recovery barrier from March 2026 which also sits near the MA(100)—in the coming period.
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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