Market Recap - The buyers were observing
21/08/2023

Summary

▶ In Monday's trading session, liquidity remained at a high value, two main indexes gained slightly, showing cautious sentiment of investors.

▶ At the end of the session, VN-Index gained 1.77 points, equivalent to 0.15%, reaching 1,179.76 points; HNX-Index increased 2.01 points (0.85%), reaching 237.97 points. 

▶ Technical perspective: After a strong drop last Friday, VNINDEX had a slight recovery. INDEX formed a candle with a small body, a long shadow, showing that supply and demand are struggling when the sellers are weak and the buyers are watching. The market closed slightly up at 0.15%, showing a pause in the decline and showing signs of establishing a new base. RSI is in the balance zone of the market (around 40). Support zone would be the 1,160 and resistance zone would be the 1,200.

Category
Daily
Author
Vo Thi Thuy Trang
Details

Page: 5

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File format: pdf

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