Morning Call 17/11/2022 - The pair of reversal candles appeared, has the market found the bottom ?


Global stocks fell again. The annual inflation rate in the UK jumped to 11.1% in October from 10.1% in September, much above forecasts of 10.7%. According to preliminary statistics released by the Cabinet Office of Japan, the country's gross domestic product (GDP) shrank 0.3% in the third quarter of 2022, equivalent to a decrease in economic growth annual rate is 1.2%. 

Domestic stocks reversed spectacularly with record matching order. The spreading momentum today was good, showing the response of the general money flow and helping the index close at a high level, creating a Bullish Engulfing candlestick pattern, one of the popular reversal candlesticks


  • Domestic and international news
  • Domestic stocks reversed spectacularly
  • Technical view and recommendations #BID, #CTG, #POW
Le Tran Khang

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