Market trends - Spreading green
08/05/2023

Summary

- The stock market rallied today. Securities was the strongest wave in the market with 22 gainers and 1 loser, an increase of over 2.5% distributed in many stocks.

- At the end of the session, the VN-Index gained 13.13 points (+1.26%), reached 1,053.44 points; HNX-Index gained 3.12 points (+1.50%), reaching 210.92 points.

- Technical view: This could be a rally of VNINDEX towards the nearest resistance at 1,060 after closing above MA20. MACD is about to give a bullish crossover; Price momentum reflects the dominant bulls. The RSI has also broken out of the oversold zone.

Category
Daily
Author
SSV
Details

Page: 5

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