The period 2023 to Q1/2024 is the recovery period of the market, the price returns to find ATH according to Dow theory, and wave B has formed.
In the next stage, it is likely that the market will start to run wave C and will end the cycle, after which the market will likely begin to enter the strongest rising wave.
The latest price action is between the schematic's Last Point of Support (LPS) and a resistance level, with an upward trend line that has been respected multiple times. The volume appears to be relatively stable with some spikes, which may indicate interest at certain price levels.
Technical indicators such as the Relative Strength Index (RSI) and Moving Average...
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...
What about this ?
We see shoulder head shoulder and we are not support from buyer raw volume, and big volume accumulation from the head, so what about VCB move to the past support 65900 vnđ!
Hose : MWG
After made a two bottom, mwg break trendline and will bull to fibo 1.618 or 2.618 (if extension). maybe retest trend and the price will be 70700. SL 10%
From that chart VN30 goes all time high since January therefore this time to go down. Vietnam is popular contry to longterm investing in Southeast asia because of many factors such as the number of new gen population, GDP growth rate, environment, the rapid of growth consumtion. However, as you see VN30 Chart and RSI indicator interaction show Bearish divergent...
HHV stock is in a long accumulation zone. It has fundamental news support. I expect a reaction at support 15.1.
Look forward to the help
Cutloss: 15.85
TP1: 16.3
TP2: 17.4
● Vietnam Dairy Products Joint Stock Company (VNM) was established in 1976. The Company has its main business in processing, production, trade, import and export of dairy products and other nutritious ones, under the model of a joint stock company since 2003. VNM is the biggest dairy company with a market share of over 50% in Vietnam dairy industry. VNM's products...
VNINDEX has surpassed its previous short-term peak with moderate volume.
The current hammer candlestick has small volume, the uptrend is no longer strong, few people are buying, the increase is in doubt.
VNINDEX has increased in a very long wave before, it is easy to have a correction wave, you need to be cautious when buying stocks in the short term.
1180 buy on breakout
Stoploss below 1150
Fundamental support
-Cheap valuation below 5Y fwd PE at -1SD
-High next 12M EPS growth over MSCI EM
Risk factor
-2Q24 corporate debt roll over period will deteriorate retail investor sentiment
Viettel Post (VTP) was established in 1997, has been traded on market since November 2018.
It seems the company has developed mature enough by using machine learning/ IT support to operate more efficiently from senders to receivers/buyers and EDI (Electronic data interchange) scanning/ tracking activity & customer service.
Logistic/ Courier industry always...
