Report

STRONG VOLATILITY

The market experienced a sharp decline during the trading session but found support at the 1,140 point area and rebounded, forming a Dragonfly Doji candlestick. Liquidity increased sharply compared to the previous session, indicating that bargain-hunting cash flow was active and absorbed supply when the market fell deeply.
The Dragonfly Doji candlestick is helping the market regain balance after the deep correction. Lingering selling pressure may still appear in the next trading session, but it is expected that the market will quickly find support and recover, with the target of testing the MA(20) line in the near future.
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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