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“Vietstock Weekly: A Cautious Short-Term Outlook”

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The VN-Index rallied and recovered after a steep decline in previous weeks. The index also rose above the 200-week SMA. However, trading volume has remained below the 20-week average since November 2024, indicating a lack of positive momentum in market participation. At the moment, the MACD indicator is signaling a sell-off and has crossed below the zero threshold, suggesting that the short-term outlook remains bearish.

The Caution Quotient Rises

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The VN-Index declined, slipping further below the Middle Bollinger Band. This downward movement, coupled with trading volumes remaining below the 20-day average, indicates a cautious sentiment among investors. However, the MACD indicator offers a glimmer of hope as it narrows its gap with the Signal Line, suggesting a potential buy signal in upcoming sessions. Should this materialize, it would alleviate concerns of an immediate short-term correction.

The Ultimate Guide to Success: How One Man’s Daring Venture into ‘Drunk Food’ Made...

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Raising specialty meat birds that are not only delicious but also easy to rear and less prone to diseases, Le Van Thuan has been raking in profits of up to hundreds of millions of VND annually.