Research Center

Market sentiment has become bullish thanks to the short-term uptrend. Therefore, traders should increase their long position and focus on leading stocks.

Despite the contraction, the short-term uptrend is still intact as the VNIndex closes above the 20-period moving average. Therefore, traders should increase their long position and focus on leading stocks.

Based on the confirmation of the island reversal pattern, the uptrend is still intact in the short term. Therefore, traders should increase their long position and focus on leading stocks.

Last week, foreign selling activities overwhelmed. Breaking down by sectors, Real Estate, Utilities, and Consumer Staples were sold the most whilst Financials, Materials, and Industrials experienced the solid foreign buying activities. Regarding to ETF flow, Vietnam maintained the positive flow of money but the inflow has slowed down, recorded at USD1mn whilst the flow of money across SEA remained positive for five consecutive weeks.

The short-term uptrend is still intact due to the confirmation of the island reversal pattern. Therefore, traders should increase their long position and focus on leading stocks.

Base on the Island Reversal pattern, the bullish market is dominant in the short term. Besides, market sentiment has become optimistic. Therefore, investors should increase their long position and focus on leading stocks such as Banking and Energy.

In the short term, the uptrend is still intact thanks to island reversal pattern. Therefore, traders should increase their long position and focus on leading stocks.

Market sentiment has become optimistic thanks to the high demand on large-cap stocks. Besides, the island reversal pattern is confirmed, implying the short-term uptrend. Therefore, traders should increase their long position and focus on leading stocks.

As the VNIndex has returned to its resistance 825-830, selling pressure may increase today. Therefore, traders should not chase price for the time being.