ADSV11

VinHomes (VHM)- Long run

Long
HOSE_DLY:VHM   VINHOMES JOINT STOCK COMPANY
VinHomes (VHM) stock has entered Phase C of the accumulation process, indicating a pivotal moment in the Wyckoff method. This phase is crucial as it often precedes a shift towards a renewed uptrend. During Phase C, investors might observe signs of strength as the stock begins to assert its readiness to move out of the consolidation zone. This stage is characterized by a test of support levels, without new lows being made, suggesting that selling pressure is diminishing and demand is starting to dominate. For traders and investors following the Wyckoff method, this transition signals an opportune moment to consider positions in anticipation of the next growth phase. It's a time when the market forces align, showcasing the potential for VHM to embark on an upward trajectory as it moves into the markup phase.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.