Market commentary
21
November
Market commentary: Broad-based gains
Although the market successfully regained its footing with a green session after four consecutive losing sessions, downside risks remain as the VNIndex continues to close below most major moving averages....
20
November
Market commentary: Low liquidity
The market recorded four consecutive declines, invalidating the previous Spinning Top candle, signaling the continuation of a bearish trend. Investors are advised to observe and await clearer reversal signals from...
19
November
Market commentary: Demand returns
With the appearance of the Spinning top candlestick, the market shows a positive signal about a reversal in trend. However, it needs more confirming candlesticks afterwards to assert that the...
18
November
Market commentary: The red territory covered the market
Downside risk continues to increase as the market undergoes a strong adjustment. Moreover, VNIndex continued to close below most major moving averages, implying that the short-term downtrend remains dominant. Hence,...
15
November
Market commentary: Confirmation of the downtrend
The index continues to signal a negative downtrend with a sharp decline, forming a new low below the Sep 2024 level. This implies that downside risks remain. Therefore, investors should...
14
November
Market commentary: Recovery effort
Although the market closed in positive territory, however, liquidity remained weak. Additionally, the VNIndex continued to close below most major moving averages, indicating that downside risk has persisted. Hence, investors...
13
November
Market commentary: Selling pressure dominated
Selling pressure persisted among large-cap stocks, dragging the overall market downward. Besides that, VNIndex continued to close below major moving averages. Although liquidity remained low, downside risks began to rise...
12
November
Market commentary: Bottom fishing demand
The stock market exhibited a negative development with high liquidity. However, a positive signal emerged as bottom-fishing demand appeared at ATC, softening the downward momentum. This implies a probably for...
11
November
Market commentary: Selling pressure dominated the market
The stock market continued to decline. Furthermore, cash flow remained weak as liquidity was still low, indicating that the current trend remains unclear. Therefore, investors should observe and await further...