Market Recap - Correction session
01/08/2023

Summary

▶ In Tuesday's session, liquidity increased strongly, two main indexes dropped, showing a struggle of investors' sentiment.

▶ At the end of the session, the VN-Index decreased by 5.34 points, equivalent to 0.44%, reaching 1,217.56 points; HNX-Index dropped 0.20 points (-0.08%), reaching 239.35 points. 

▶ Technical perspective: The RSI is moving away from the high overbought zone, signaling a possible correctional risk in the future. Besides, %K has crossed down the %D line of the Stochastic indicator, signaling a possible reversal signal, especially when this indicator moves closer to 80 points.

Category
Daily
Author
Vo Thi Thuy Trang
Details

Page: 5

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File format: pdf

Size: 1.21 MB