Market Recap - Struggling
22/08/2023

Summary

▶ In Tuesday'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 0.73 points, equivalent to 0.06%, reaching 1,180.49 points; HNX-Index increased 1.68 points (0.71%), reaching 239.65 points. 

▶ Technical perspective: VNINDEX dropped sharply in the morning and touched 1.149 points, then the demand pulled the market up and closed at 1,180 – forming a retreat candle. With 2 candles yesterday and today, it can be seen that the investors seem to be ready to buy when the market drops to the 1,160 area. This is also a strong support area with Fibo 0.5 and 0.618 respectively. Support zone is at 1,160, resistance zone is at 1,200.

 

Category
Daily
Author
Vo Thi Thuy Trang
Details

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