Market trends - Suspicious
28/02/2023

Summary

- The stock market rallied today. Most stocks traded in the green. This is the 10th consecutive net selling session of foreign investors on the HOSE.

- At the end of the session, the VN-Index gained 3.43 points (+0.34%), reaching 1,024.68 points; On the contrary, HNX-Index dropped 0.89 points (-0.44%), reaching 202.38 points.

- From a technical perspective: Technical indicators have not improved much and still signaled about weakening money flow. In general, the absence of a leading group in the current information blank context makes the market lose its support, the trade will be inclined to shake with risks. The nearest support for the trend is the psychological level of 1,000 points. It is likely that the index will retest this level in the next sessions. The right strategy is observational.

Category
Daily
Author
SSV
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