Market trends - Back to struggle
05/12/2022

Summary

- The stock market rose slightly today. Most stocks traded in the green.

- At the end of the session, VN-Index gained 13.66 points (+1.26%), reached 1,093.67 points; HNX-Index gained 4.00 points (+1.85%), reaching 219.96 points.

- From a technical perspective: The profit-taking pressure returned pushed the index closed partially narrowed the session's gain. Although foreign investors are still active net buyers, it seems that there is not much room left and it will be a challenge for the future if foreign investors turn to net sellers. The RSI has come close to the overbought zone, along with the MACD has widened the distance quite far from the signal line. The strategy favors lowering weighting and observing new developments.

Category
Daily
Author
SSV
Details

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