Market trends - Optimistic
29/11/2022

Summary

- The stock market continued its uptrend today. Most stocks traded in the green.

- At the end of the session, VN-Index gained 26.47 points (+2.63%), reached 1032.16 points; HNX-Index also gained 4.16 points (+2.04%), reaching 208.22 points.

From a technical perspective: Optimism continued to prevail in the trade, helping the market to continue the gain of the previous session and close at the highest level of the session. Order matching improved and was above the 20 session average. The technical indicators still kept their upward inertia quite well, reinforcing the recovering trend. However, the index is approaching resistance area around 1,030 points, corresponding to 50-day MA, shaking signal might appear in the next sessions.

Category
Daily
Author
SSV
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