Market trends - Struggle
20/04/2023

Summary

- The stock market rose slightly today. The cash flow disappeared again when the matching transaction value on HOSE reached the lowest level in more than 2 months.

- At the end of the session, the VN-Index gained 0.27 points (+0.03%), reaching 1,049.25 points; HNX-Index gained 0.76 points (+0.37%), reaching 206.61 points.

- Technical perspective: The market struggled around reference with liquidity seemingly lost. Cautious sentiment still dominated the investors, making the transaction gloomy. The money flow continues to strongly divergence in the current period in the context of the lack of a leading group. Technical indicators show that the index is moving in the correcting phase, so the drop momentum will dominate. The nearest support for the trend is at 1,030 points, while the resistance is at 1,060 points.

Category
Daily
Author
SSV
Details

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