Market trends - The falling knife
06/10/2022

Summary

- The stock market saw a sharp drop in today session, with the red vibe spreading across most of the sectors.

-  At the end of the session, the VN-Index decreased 29.74 points, approximately 2.69% in decline, and closed at 1,074.52 points.

-  From the technical perspective, the market reversed and dropped again due to the lack of demand to buy at higher prices, along with pessimism that continued to dominate investors. The liquidity increased compared to the previous session. The RSI partially recovered above the 20 line but soon got declined again.

Category
Daily
Author
Phuc Nguyen
Details

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