Today, on 10 May 19 market seller and buyer balance each other, and as a result, most of stock prices become stable. Last 5 days, over-supply of stocks caused prices to go down. However after gloomy movements in the morning, the market became quite active in the afternoon with many groups gaining, especially petro sector such as PVS, PVD , PVB ... simultaneously...
On 10 May 19 market seller and buyer balance each other, and as a result, most of stock prices become stable. Last 5 days, over-supply of stocks caused prices to go down. However after gloomy movements in the morning, the market became quite active in the afternoon with many groups gaining, especially petro sector such as PVS, PVD , PVB ... simultaneously broke...
VNI Index formed a bearish pattern Head and Shoulders. Failing to break 1000 resistance level is a bearish signal for VNI Index. Target 1: 940
Signal for bearish - target for short term
Currently, VNINDEX is still in daily upward trend. However, it is declining on H1. Maybe, VNINDEX will go down to 891.19 - 884.25 as picture.
We need prepare for the next downtrend of VN-INDEX guys We are in Bear Flag pattern and the target is 1.0 of Fibonacci Extension Good luck for all !
VNINDEX will drop after it touch resistance zone to 2 targets in below.
VNINDEX also follow World Stock market with bleeding blood. We have strong drop in several days and break many important MA (essential support). We are in 4th bearish candle of TD - Sequential so may have small bounce back to SELL ZONE, and SHORT from SELL ZONE will more safe than LONG DMI 4c show bear is strong RSI also want to bounce back from over sold...