TESTING THE RESISTANCE AREA
The market continued to gain points and returned to the 1,650 – 1,665-point area with contention within this range. Liquidity increased compared to the previous session, indicating that profit-taking supply is returning and is contending with supportive cash flow as the market advanced towards the resistance area.Although the resistance pressure remains and the market has not yet shown a convincing signal of a price increase, the effort to uplift the market is still present.
Concurrently, the previous upward trend is still positively influencing the market, so it's expected that the market will continue to test the 1,655 – 1,665-point resistance area in the next trading session.
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.