Technical Signals of VN-Index
In the trading session on the morning of November 21, 2024, the VN-Index rose, and a Doji candlestick pattern emerged, with a slight drop in trading volume in the morning session, indicating investors’ hesitation.
Additionally, the ADX indicator is moving in the gray area (20 < adx < 25), suggesting a lack of trend strength and potential range-bound movement.
Technical Signals of HNX-Index
On November 21, 2024, the HNX-Index witnessed a slight increase, forming a Doji candlestick pattern, while trading volume significantly dropped in the morning session, reflecting investors’ cautious sentiment.
Currently, the Stochastic Oscillator indicator gives a buy signal, indicating that the situation has become less pessimistic.
BID – Joint Stock Commercial Bank for Investment and Development of Vietnam
On the morning of November 21, 2024, BID witnessed a price increase, while trading volume significantly dropped, indicating investors’ caution. The Stochasitc Oscillator indicator now gives a buy signal in the oversold region, suggesting that short-term prospects have become less pessimistic.
At the moment, the stock price is retesting the 50% Fibonacci Projection level (corresponding to the 43,500-45,500 range) while the MACD indicator is gradually narrowing the gap with the signal line. If a buy signal reappears, a recovery scenario may unfold in the upcoming sessions.
HPG – Hoa Phat Group Joint Stock Company
On November 21, 2024, HPG witnessed a price increase, while trading volume significantly dropped in the morning session, indicating investors’ caution. The stock price is witnessing a tug-of-war as it retests the old bottom from September 2024 (corresponding to the 24,500-25,500 range) while the ADX indicator moves in the gray area (20 < adx < 25), suggesting a lack of trend strength.
Technical Analysis Department, Vietstock Consulting Department
The Ultimate Guide to Profiting from the Stock Market: Catching Bottom Fishers and Riding the Wave of Real Estate Stocks
The morning’s tug-of-war continued into the afternoon session, with the market cautiously awaiting the reaction of bottom-fishing funds. The T+ day witnessed a market decline, breaching the 1200-point level. In a surprising turn of events, foreign investors turned net buyers in the latter part of the day, reversing the net trading position from the entire session.
The Art of Trading: Navigating the Stormy Seas of Short-Term Risks
The Asean stock market is expected to witness short-term rebounds in the coming sessions. However, investors are advised to remain cautious and avoid a buying frenzy or panic-selling in their short-term trades.
The Flow of Funds: Has the Market Reached the “Wash-Out” Phase?
The sharp declines in the last two sessions of the past week have significantly dampened market sentiment, with experts also being cautious when referring to the “bottom” of this correction phase.
The Capital is Crumbling: VN-Index Plunges Towards the 1200-Point Region
The large-cap stocks’ plunge today erased the gains from yesterday’s bargain hunting session. VN-Index fell sharply by nearly 12 points to 1205.15, as foreign investors offloaded a net sell of VND 1,658 billion. To make matters worse, the trading volume on the HoSE plunged to a two-week low.
The Savvy Investors: Seizing Opportunities in a Downturn
Domestic institutional investors today bought a net 729.7 billion VND, with a net purchase of 721.5 billion VND in matched orders. Individual investors also bought a net 873.8 billion VND.
