Vietnam Insight

- The stock market rallied today. Most stocks traded in the green. All industry groups had a recovery rhythm today.

- At the end of the session, the VN-Index gained 9.56 points (+0.92%), reaching 1,048.20 points; HNX-Index gained 3.11 points (+1.52%), reaching 207.97 points.

- From a technical perspective: The index regained the green color today although the trade was still quite struggling. The bounce to the ceiling in Public Investment group brought light to the market, even so, this group did not contribute much to the index's gain. In general, the volume signal improves along with RSI, MACD recovering slightly, showing that the market will have technical retracements. However, it should be noted, the index is still moving in a down phase so it may reverse at any time, need more signal to break out of resistance at 1,060 points for confirmation. The retracement pace is only suitable for short-term surfing positions.