MARKET INSIGHTS_05042022
05/04/2022
MARKET PULSE
The VN-Index closed trading forming an "Inverted Hammer" candlestick pattern. Trading volume decreased and was below the 20-day moving average. Key points to note: (i) The index established a "Break out" of the triangle pattern. This is a good technical signal. (ii) The upper band tends to open up, supporting an upward price movement, along with strong capital flow into large-cap, fundamental, and speculative stock groups on the weekend, which is a good signal at this time. (iii) The index is tending to adjust to fill the GAP established yesterday. Fundamentally, this is also a common technical trading pattern. According to the "Price Action" analysis method for VN30, we have 13 codes for buy signals, 10 codes for sell signals, and 07 codes for sideways signals. PNJ, SAB, VNM show good signals. According to quantitative statistics, with today's pattern, in the next trading session, the VN-Index has a 49% probability of increasing and a 47.5% probability of the closing price being higher than the opening price. Statistics show that the market will decline tomorrow. Resistance is 1,535 points. Support is 1,480 points. Intraday Stock Support and Resistance (EOD) Stocks with significant increase in trading volume during the day Watchlist of stocks for tomorrow Intraday Chart: * Profits of listed companies in 2021 and forecast for 2022 on the Vietnamese stock market; US Stock Market: TWTR surged on news that Elon Musk had acquired a large volume of shares, which is a notable signal. Forecast: indices are still in a sideways trend before determining a direction (Slight increase or decrease and unable to fully confirm an uptrend). Investors can download the full report via the following link:
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
Quan tâm nhiều
Equity Reports
-
BUY RECOMMENDATION VCG – CONTINUE TO BOOM IN Q3
Equity Reports
-
Electricity Sector Stocks Show Buying Point
Equity Reports
-
BUY RECOMMENDATION FOR VCG – LEADING THE PUBLIC INVESTMENT GROUP
Market Insight Reports
-
MARKET INSIGHTS_03092025
Related Articles
Summary of Key Points in the Report The VN-Index closed the trading session forming a “Small White Candle” pattern. Trading volume declined but remained above the 20-day average. According to theory, a price increase accompanied by declining volume is not a bullish pattern supported by volume – thus, the signal is not very positive. Key […]
Summary of Key Points in the Report The VN-Index closed the trading session forming a “Black Candle” pattern. Trading volume increased and surpassed the 20-day average. According to theory, a price decrease accompanied by rising volume is a bearish pattern supported by volume – a negative signal. Key highlights: (i) Foreign investors recorded a net […]
Summary of Key Points in the Report The VN-Index closed the trading session forming a “Long White Candle” pattern. Trading volume increased and surpassed the 20-day average. According to theory, a price rise accompanied by higher volume represents a bullish pattern supported by volume – a positive signal. Key highlights: (i) Foreign investors recorded a […]
Summary of Key Points in the Report The VN-Index closed the trading session forming a “Long White Candle” pattern. Trading volume increased and surpassed the 20-day average. According to theory, a price rise accompanied by higher volume represents a bullish pattern supported by volume – a positive signal. Key highlights: (i) Foreign investors recorded a […]
Summary of Key Points in the Report The VN-Index closed the session forming a “Small Black Candle” pattern. Trading volume increased and surpassed the 20-day average. Theoretically, a rise in both price and trading volume indicates a bullish pattern supported by volume — a positive signal. Key highlights: (i) Foreign investors recorded a net purchase […]
