MARKET INSIGHTS_31052023
31/05/2023
MARKET PULSE
The VN-Index closed trading forming a "Black Candle" pattern. Trading volume increased and was above the 20-day average. Rising price with increasing volume is a good technical signal. Key points to note: (i) The VN-Index formed a red candle at the MA(200) resistance. The likelihood of a Failure Break appearing is increasing. However, if there is a correction, such a correction is also necessary. (ii) Foreign investors continued net selling, especially in the VINCOM, MSN, and insurance groups, creating downward pressure on the index. (iv) A bright spot, we see the banking group finding support and potentially acting as a counterweight to the decline of the remaining VN30 group. (v) In the short term, we see the probability of the index correcting is increasing. The market may experience a strong shakeout after the peak buying phase in the next 1-2 sessions by investors who missed the initial rally. Therefore, short-term investors may take partial profits and rebalance their portfolios; According to the "Price Action" analysis method for VN30, we have 07 codes showing buy signals, 05 codes showing sell signals, and 18 codes showing sideways signals. FPT, TPB, MWG, GVR, NVL... show positive signals. According to quantitative statistics, with today's pattern, in the next trading session, the VN-Index has a 50% probability of increasing and a 40% probability of the closing price being higher than the opening price. Statistics show that the index will trade indecisively with the closing price lower than the opening price on the next day. Support is 1,018 points and resistance is 1,100 points. Intraday Stock Support and Resistance (EOD) Stocks with abnormal trading volume during the day Watchlist for tomorrow Intraday Chart: * The $1 trillion market cap stock club adds AI industry names; * Private sector jobs in the US continue to grow strongly, helping the unemployment rate remain at historically low levels. Signs of recession have not yet appeared; * Semiconductor industry value chain; US Stock Market: Forecast for tonight is that indices will rise. 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 […]
