Market Recap - The liquidity was maintained
24/08/2023

Summary

▶ In Thursday's session, liquidity was maintained, and two main indexes gained, showing positive investor sentiment.

▶ At the end of the session, the VN-Index gained 16.83 points, equivalent to 1.44%, reaching 1,189.39 points; the HNX-Index increased by 5.16 points (2.17 percent), reaching 243.23 points. 

▶ Technical perspective: The market formed a green candle with an increase of more than 16 points from the MA50 support of the 1175 zone, consolidating the support zone of 1160-1175, which is relatively reliable. Specifically, it can be seen that in the previous sessions, many times when the market dropped to this area, there was immediate demand to participate. This is also the area that coincides with the 0.5 and 0.618 Fibo levels. The STOCH RSI has crossed the signal line, showing improved price momentum.

Category
Daily
Author
Vo Thi Thuy Trang
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