Vietnam Insight

- The stock market rallied strongly today. Most stocks traded in the green.

- At the end of the session, the VN-Index gained 36.81 points (+3.66%), reaching 1,043.90 points; HNX-Index gained 7.25 points (+3.53%), reaching 212.56 points.

- From a technical perspective: The index closed at the highest level of the session, creating a Marubozu candlestick pattern, meaning that the money flow was actively buying up. Technical indicators also improved when MACD started to narrow the spread with the signal line along with the RSI rising back to 50 level, agreeing to the uptrend. In the short term, the index might still struggle around the 20-day MA, ie 1,040 – 1050 points to test the trend.