Market trends - Hesitate
05/04/2023

Summary

- The stock market rallied today. After breaking the chain of 10 consecutive gaining sessions, investors' sentiment became cautious so VN-Index traded in a narrow range.

- At the end of the session, the VN-Index gained 2.41 points (+0.22%), reaching 1,080.86 points; HNX-Index gained 1.85 points (+0.88%), reaching 212.58 points.

- Technical perspective: The VNIndex continues to struggle around the resistance area of 1,080 points with short-term profit-taking pressure pushing the VNIndex into the red. However, the demand appeared at the end of the afternoon session and helped VN-Index to close the session with a retreating candle in the green. Liquidity in the market was still abundant and remained above the 20-day average. The MACD continues to maintain its uptrend, showing positive signal.

Category
Daily
Author
SSV
Details

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