[Market News 20/09/2023] RETAIL, CHEMICALS, STEEL HELPED THE INDEX STAND FIRM AROUND THE SUPPORT LEVEL OF 1,210 POINTS
%201920x1080-01_anh%20bai%20websiteLite.jpg "[Market News 20/09/2023] RETAIL, CHEMICALS, STEEL HELPED THE INDEX STAND FIRM AROUND THE SUPPORT LEVEL OF 1,210 POINTS 1")
[???????????? ???????? ????/????/????????] RETAIL, CHEMICALS, STEEL HELPED THE INDEX STAND FIRM AROUND THE 1,210 POINT SUPPORT LEVEL
– The VN-Index closed the trading session forming a “Small Black Candle” pattern. Trading volume increased but remained below the 20-day average. A price decrease with decreasing volume is not an overly negative signal, especially since the index is at the MA(50) support level.
– Foreign investors net sold nearly 400 billion VND in today’s trading session. The net selling pressure focused on the financial sector and could continue for another 3-4 weeks.
– The Double Top With Fake Breakout pattern, in its current form and trend, is unfolding, so investors should place Trailing Stop or Stop Loss orders to manage risk.
– Recommended codes: DGC, DGW, CSV
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