Report

UNABLE TO BREAK ABOVE RESISTANCE

The market remained cautious in the 1,350 point area and saw a slight pullback with a small candlestick body. Liquidity decreased compared to the previous session, indicating that both supply and demand cooled down and were in a probing state at the resistance area.
Currently, the market still lacks decisive action in breaking above resistance, so the tug-of-war movement may continue in the next trading session.
Supply and demand signals in the 1,345 – 1,350 point resistance area will significantly impact the market's next move. If the market can decisively break above this resistance area with good liquidity, the previous upward trend will continue to extend.
Provider
Viet Dragon Securities
Viet Dragon Securities

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Analysts
Phuong Nguyen

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