Tag: Jewelry

The VN-Index's consecutive gains, coupled with below-average trading volumes, reflect investors' cautious sentiment. This dynamic needs to change in upcoming sessions to sustain the upward trajectory. Notably, the Stochastic Oscillator has signaled a buy in the oversold region. If this buying signal persists and the index moves out of this region, the short-term outlook will turn even more positive.

The VN-Index surged by over 17 points, crossing above the 200-day SMA. This significant jump was accompanied by a trading volume that exceeded the 20-day average, indicating a resurgence of active participation by investors. The Stochastic Oscillator and MACD both provide bullish signals, with the latter crossing above the Signal Line. Should this momentum be sustained, the outlook for the market is exceedingly positive.

The VN-Index stalled its upward trajectory with a sharp decline, dipping below the 200-day SMA. If, in upcoming sessions, the index falls below the Middle Band of the Bollinger Bands, the outlook turns decidedly bearish. However, the Stochastic Oscillator remains in bullish territory, and the MACD mirrors this sentiment, even hinting at a potential rise above the zero threshold. Should this materialize, it would alleviate the short-term downside risk.