Market Recap - The market inched up


In Tuesday's trading session, liquidity increased, two main indexes increased, showing positive sentiment of investors.


At the end of the trading session, VN-Index increased 9.66 points, equivalent to 0.88%, reaching 1,110.9 points; HNX-Index increased 1.32 points (0.58%), reaching 227.4 points. Market liquidity reached VND 17 trillion, equivalent to about 822 million shares traded. Foreign investors net sell VND 339 billion, focusing mainly on VNM and MWG.


Technical perspective: VNINDEX index moved sideways with a narrow amplitude when forming a doji candle in today's session, liquidity remained equivalent to the 30-session average. The STOCH indicator has crossed below the signal line, showing that price momentum has weakened and the possibility of a strong market increase is low. As such, after meeting MA 200, the market has adjusted and been accumulating sideways in this area. The current support and resistance levels are 1080 and 1120. The lower support level is the old bottom at 1020.


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