Market trends - Exhausted
06/12/2022

Summary

- The stock market fell in today's session. Most stocks traded in the red.

- At the end of the session, the VN-Index dropped 44.98 points (-4.11%), reaching 1,048.69 points; HNX-Index dropped 7.16 points (-3.26%), reaching 212.80 points.

- From a technical perspective: Selling pressure dominated the session so the market closed in red. Order matching exceeded 20 session average. With the VN-Index ending the session to create an Evening star candlestick pattern, it implies a short-term reversal signal and the trade needs to be more cautious. The nearest support for the trend is 1,020 points, expecting the index to find a balance around here to continue the recovery.

Category
Daily
Author
SSV
Details

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