Market trends - The bull pulled down


- The Wednesday session witnessed a slight increase of the VN-Index while it has been still fluctuating around the 1,100 barrier.

- At the end of the session, VN-Index gained 1.23 points, equivalent to +0.11%, reaching 1,109.54 points; HNX-Index increased 1.61 points (+0.71%), reaching 230.33 points. 

Technical view: VN-Index continued the 5th consecutive gaining session. However, the profit-taking pressure conducted strongly, causing the index to sink in red at some points. The strong demand appeared from the beginning of the afternoon session helped VN-Index to close with the Doji Star Bearish candle. Liquidity in the market was still abundant and remained above the 20 session average. The current resistance is at 1,120-1,130 range, investors need to maintain a cautious view at the moment.

Diem Ngo

Page: 5


File format: pdf

Size: 5.45 MB