Tag: work in Vietnam

The VN-Index rose while maintaining a tug-of-war stance following recent alternating sessions of gains and losses. Moreover, with trading volume remaining below the 20-day average, it indicates that investor caution is still prevalent. The Stochastic Oscillator indicator is also signaling a sell-off within the overbought territory, with a potential exit from this zone in the coming period. Should this occur, the risk of short-term corrections persists.

The VN-Index concluded a week of volatile trading with a modest gain. The index currently hovers above the 200-day SMA, and trading volume exhibits positive signs of improvement. This indicates a vibrant and active trading environment. However, the prolonged foreign selling streak could hinder the index's growth trajectory in the coming period.

The VN-Index retreated, continuing its volatile movement as it retested the old peak of December 2024 (1,270-1,285 points). This threshold has proven to be a significant resistance level, as the index has repeatedly tested this zone recently. Presently, the Stochastic Oscillator is venturing deep into overbought territory. Should a sell signal emerge and the index falls out of this zone, the risk of a correction heightens in upcoming sessions.