Research Center

Based on the gaining session, the VNIndex confirms the short-term uptrend. Hence, traders should hold long positions and focus on the leading sector.

In this situation, traders should open long positions and focus on leading stocks. Besides, the long-term uptrend is still intact. Hence, the contraction is the opportunity to accumulate stocks for long-term positions at significant supports such as the 1,300-pts threshold.

The short-term uptrend is still intact because the VNIndex closes above short-term moving averages (MA20 and MA50). Hence, traders should hold long positions and focus on the leading sector.

Long VN30F2110 when 1,450 pts level is broken and stop the loss only when there is the closing price below 1,435 pts level. Short VN30F2110 if there is the breakdown at 1,430 pts zone and stop the loss at 1,435 pts level.

In the short term, the current uptrend is still intact because the VNIndex closes above short-term moving averages (MA20 and MA50). Hence, traders should hold long positions and focus on the leading sector.

The captured long positions on VN30F2109 at 1,427 pts should be closed at ATC and out the positions when there is the closing price below 1,430 pts level (Hourly chart).

Vietnam’s economy is foreseeing a clear path into contraction under the impact of Delta’s outbreak. Production is put into a puzzle with the “three on the spot” requirement with most industries running far below full capacity, while domestic spending has come to a standstill aside from essential purchases during a lockdown. Furthermore, a risk of export orders shifting to competitors is becoming inevitable if a broken supply chain is not fixed. A key solution for all is when the government opens the re-opening stage.

On Sep 14, VSC acquired a 36.0% stake in VIMC Dinh Vu Port JSC, pending the information of the total deal value and the sellers. Vinalines Dinh Vu port was developed on a 21-hectare land plot in Dinh Vu – Cat Hai economic zone. For 8M21, VSC announced its earnings results with revenue of VND1,254bn and PBT of VND319bn, complete 74.0% and 95.0% of the 2021 business plan, respectively.

The captured long positions on VN30F2109 at 1,427 pts should not be closed and out the positions when there is the closing price below 1,430 pts level (Hourly chart).

Despite the second contraction, the current uptrend is still intact because the VNIndex closes above short-term moving averages (MA20 and MA50). Hence, traders should hold long positions and focus on the leading sector.