[Market News 08/11/2023] IS THE MARKET LOOKING FOR A SECOND BOTTOM?
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Some important notes:
– The VN-Index has corrected upon entering the resistance zone, which is the price gap established on 25/10/2023, and this correction is not too surprising. Basically, today’s developments are consistent with the VN-Index’s movement trend.
– The market may form a double bottom pattern to create a medium-term bottom. In the short term, the rebound from bottom 1 will determine the depth of bottom 2.
– Index forecast for 8/11/2023: Statistics show the index decreased.
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SOURCE: AAS RESEARCH
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