Research Center

As mentioned above, upward resumption phase and there is the tendency for the Index to retest 990-1,000 pts area. Therefore, investors should continue to hold the current positions and buy more in correction phase.

After the second gaining session, the market sentiment has become an optimist. That confirms the short-term uptrend. Therefore, investors may hold their long position and focus on leading tickers.

The short-term uptrend is confirmed because of the optimistic market sentiment. Therefore, investors may hold their long position and focus on leading tickers.

Although corrections can form in a few sessions, the short-term uptrend is still intact as the VNIndex closes above the 900-pts threshold. Therefore, investors may hold their long position and focus on leading tickers.

Despite the third divergent session, the short-term uptrend is still intact as the VNIndex closes above the significant moving averages. Therefore, investors may hold their long position and focus on leading tickers.

Despite the second divergent session, the uptrend is still intact in the short term as the VNIndex closes above the significant moving averages. Therefore, investors may hold their long position and focus on leading tickers.

Last week, selling activities kept overwhelming. Breaking down by sectors, selling pressure continued to focus on Consumer Staples, Financials, and Industrials whilst Materials and Consumer Discretionary was accumulated the most. Regarding to ETF flow, Vietnam recorded the first week of outflow after experiencing 3 consecutive weeks of inflow. VFMVN30 ETF was the main contributor which recorded USD1.6mn of outflow despite VFMVN Diamond ETF attracted USD0.5mn last week.

Despite the divergent session, the short-term uptrend is still intact as the VNIndex closes above the significant moving averages. Therefore, investors may hold their long position and focus on leading tickers.

Investors should continue to hold the current positions and force on leading stocks such as Banking tickers.