[Market News 22/04/2024] A COUNTER-TREND RECOVERY WAVE WILL EMERGE WHEN THE MARKET ENTERS THE OVERSOLD REGION

Chúng tôi lưu ý đáy là một quá trình chứ không phải một phiên giao dịch. Do đó, việc thị trường giảm về vùng giá mục tiêu rồi vật qua vật lại vẫn là điều chúng ta thường thấy.

22/04/2024

0 Share

Article link

Some important notes:

– From a cycle perspective, as this is the first primary cycle, the market only declines by less than 10% in 2-5 weeks. From the peak until now, we have adjusted approximately 10%. We believe we are approaching the bottom area of the downward adjustment cycle.

– According to the Elliott Wave model, the VN-Index is currently in the support area at the edge of wave 4’s bottom, and we expect the bottoming process to form in this area.

– We note that a bottom is a process, not a single trading session. Therefore, it is common to see the market drop to the target price range and then fluctuate back and forth.

– Index forecast for April 22, 2024: Statistics show the index will increase.

– Recommended buy codes: GEX, CTG, BID.

?? See more: here.

SOURCE: AAS RESEARCH


Special offers for customers opening new accounts at AAS

The Portfolio Ratio Selling feature of Smartsell is suitable for customers needing to quickly sell securities.

More

Related Articles

research
Market Share of Brokerage for Listed Stocks on HNX in Q2/2025

Top ten (10) securities companies with the largest market share in brokerage of listed stocks: No. Member Name Market Share (%) 1 VPS Securities Joint Stock Company 18.82% 2 Kỹ Thương Securities Joint Stock Company (Techcom Securities) 8.81% 3 SSI Securities Corporation 7.80% 4 VNDIRECT Securities Joint Stock Company 7.29% 5 MB Securities Joint Stock […]

See more
icon
2277 View
research
Market Share of Brokerage for Listed Stocks on HNX in the First 6 Months of 2025

Top ten (10) securities companies with the largest market share in brokerage of listed stocks: No. Member Name Market Share (%) 1 VPS Securities Joint Stock Company 18.92% 2 Kỹ Thương Securities Joint Stock Company (Techcom Securities) 8.58% 3 SSI Securities Corporation 7.61% 4 VNDIRECT Securities Joint Stock Company 7.01% 5 MB Securities Joint Stock […]

See more
icon
1739 View
research
Decision Approving the Amendment of Bond Listing Registration CII424002

Decision Approving the Amendment of Bond Listing Registration CII424002 000000015498036_QD_chap_thuan_thay_doi_DKNY_CII424002

See more
icon
348 View
research
October 22, 2025 – First Trading Day of Listed Bonds of Ho Chi Minh City Infrastructure Investment Joint Stock Company (CII425021)

October 22, 2025 – First Trading Day of Listed Bonds of Ho Chi Minh City Infrastructure Investment Joint Stock Company (CII425021) 4528-tb_2025-10-15_1 (1)

See more
icon
345 View