Market trends - The Struggle
21/12/2022
Summary
- The stock market decline today. Most stocks traded in the red.
- At the end of the session, the VN-Index dropped 4.25 points (-0.42%), reaching 1,018.88 points; HNX-Index dropped 3.07 points (-1.48%), reaching 204.46 points.
- From a technical perspective: Bottom-fishing demand joined in the afternoon, helping the index narrow a part of the drop, similar to the previous session. This can see the area around the psychological 1,000 points is acting as a good support for the trend. However, the trade will still struggle when the index is still lower than MA10 and MA20. The right strategy is to hold.
Category
Daily
Author
SSV
Details
Page: 4
Lauguage:
File format: pdf
Size: 1.90 MB