Interlaced vibrations (Neutral)The VN-Index is forecasted to continue to rise and aim to challenge the resistance zone of 1,275-1,300 points in the short term. Market movements will have a strong differentiation between stock lines, at the same time the market can mix vibrations and corrections when approaching near resistance areas in the up-going process.
Confirm uptrend (Up)(MB Securities Company – MBS)
Technically, the consecutive gain with the support of liquidity is a sign that confirms the continuing uptrend of the market. With the current increase in inertia, the 1,300-point resistance mark can completely be conquered.
(Mirae Asset Securities Company -MAS)
The strong increase in session made the technical indicators of VN-Index improved. The Mirae Asset scale technical score is currently at +5, indicating a short-term POSITIVE state.
Tension at 1,250 points (Neutral)
(BIDV Securities Company – BSC)
According to the current assessment, the VN-Index might experience a struggle at around 1,250 next session to test its stability at this point.
Maintaining uptrend (Up)
(Viet Capital Securities Joint Stock Company – VCSC)
With the establishment of a new historic peak, the Positive technical signals of the short- and medium-term trend of the VN-Index, VN30, VNMidcap and VNSmallcap have been strengthened. The HNX-Index will also reinforce the uptrend if it soon surpasses the psychological level at 300 points. It is forecasted that tomorrow, the market, represented by the VN-Index, is likely to maintain its rally with the MA5-day support at 1,246 points, which will play a role in boosting demand at low prices.
Positive Signals (Up)
(BOS Securities Company – ART)
The positive point is increased liquidity, improved cash flow into the market. The technical indicators are showing positive signs, supporting the ability of the VN30-Index to continue to increase. However, the possibility for the occurrence of shaking rhythms in the area of 1,280-1,290 points continues to increase. Therefore, investors should limit opening a new Long position, and prefer to open a Short position when the index is struggling in this area.
Continue to hold (Increase)
(Yuanta Securities Vietnam JSC)
The short-term trend of the general market remains up. Therefore, Yuanta recommends that short-term investors can continue to hold a high proportion of stocks in the portfolio and may consider surfing on existing stocks or buying new with a low proportion in case of strong adjustment risks when the VN-Index encounters a resistance zone of 1,283 – 1,300 points.
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Source: bizlive.vn – Translated by fintel.vn