[ad_1]
| CTCK | Positive | Neutral | Negative |
| KBSV | X | ||
| PHS | X | ||
| SHS | X | ||
| VDSC | X | ||
| VCSC | X |
Signs of correction after prolonged augmentation.
(KB Securities Vietnam Company – KBSV)
VN-Index struggled but was in the correction trend with the decline extending towards the end of the session. The move was not as positive during the session, continuing to signal the risk of entering the correction phase after a prolonged rally. In this scenario, the index will receive support at support near 1030 and beyond 1000. Investors are advised to reopen part of the short-term position with a low ratio when the index falls. close support.
Trend reversal risk is increasing
(Phu Gia Securities Company – PHS)
VN-Index went down again. The trading volume increased and remained above the 10 and 20 session average, which means that the cash flow was still there. Not only that, the index continued to regain trend, as MA5, 10, 20 maintained a positive divergence, ADX moved to 43 and + DI was above –DI. the recovery trend is relatively strong, the last drop could be just technical and the possibility of going back up and challenging the psychological level of 1,100 points is still there. However, looking at the candlestick chart, the condensed bearish candle formed, negating the previous bullish candle and cut below MA5, with the RSI weakening from the overbought zone above 70 to 67, indicating a trend reversal risk. The leadership is increasing. Therefore, investors should be wary of long positions chasing high prices and prefer to hold the current position where they are ready to profit.
For HNX, HNX-Index had more positive movements. The index continued to gain with MA5, 10 and 20 in a positive divergence, showing that the recovery trend continues and the index has a chance to challenge the sentimental resistance level. 180 pts. In general, the market could continue to recover the trend. However, the December 17 dip session shows that the risks are also increasing. Therefore, investors should limit new open and long positions and keep the portfolio ready to profit.
Test the closest support level around 1,045 points
(Saigon-Hanoi Securities Company – SHS)
The short-term technical signal of the VN-Index is positive with a support level around 1,025 points (MA20). The index’s medium-term technical signal is positive with a support level around 980 points (MA50). Regarding the long-term trend, the VN-Index moves in the bull market with the support level at 870 points (MA200). It is forecast that in the last session on December 18, VN-Index could test the closest support level around 1,045 points (June 2018 peak).
The HNX index rebounded for the thirteenth consecutive session and ended above the psychological level of 170 points, matched liquidity increased compared to the previous session and remained above the average level of 20. Short-term technical signals are positive with support at 156 points (EMA20). The medium-term technical signal is positive with support at 146.5 points (MA50). Looking at the long-term trend, the HNX-Index is currently moving in the bull market with support at 122.5 points (MA200). It is forecast that in the last session on December 18, the HNX index could correct again with the closest psychological support level around 170 points.
There are signs of change in the correction phase.
(Rong Viet Securities Company – VDSC)
The VN-Index continued to decline from the 1065-1070 resistance zone and closed below the December 15 session low. MACD corrected technical indicators, RSI showed negative signs as it fell below 73.4. The negative candle sign of the VN-Index on December 15 seems to be confirmed in the December 17 session. It shows that 1065-1070 points are causing great pressure on the index. Perhaps the VN-Index will have a support move at Gap 1046-1049 in the next 1-2 sessions, but overall, the index has started to show signs of moving into the correction phase.
The HNX index rose slightly but showed signs of the Hanging Man candle. Technical indicators MACD is still pointing up, RSI is slowing to a record 92. Although the HNX index is still in an uptrend, the price chart shows a risk warning candle with strong liquidity. shows that selling pressure is increasing.
With unfavorable developments and higher risks, investors should be cautious and downsize their portfolio to preserve performance and minimize risks.
Technical signals remain positive across all indices
(Viet Capital Securities Company – VCSC)
The selling pressure returned and put pressure on the large-cap stocks in HoSE, causing the VN-Index and VN30 to plummet with a large volume of trading. Meanwhile, small and mid-cap stocks struggled and remained relatively balanced, causing HNX-Index, VNMidcap, and VNSmallcap to form rotating upper candlestick patterns, although they closed in opposite directions after a volatile session with narrow band but liquidity. very high.
Technical signals remain positive across all indices. However, investors should be wary of revolving upper candlestick patterns, which show indecision on the HNX-Index, VNMidcap and VNSmallcap against the background that overbought signs appear to have been confirmed on the VN-Index on the RSI indicator.
It is forecast that in the December 18 session, the fact that the VN30 closed near the MA5-day support could push demand towards the capital market, which is still inertia of the price increase. The VN-Index could rally to test the MA5 resistance at 1058, which it just lost, while the VN30 could retest the resistance at 1030. Here, the tension could continue to appear, if demand is not strong enough. To maintain the uptrend, the market will have some weakness towards the end of the day. At that time, VN30, HNX-Index, VNMidcap and VNSmallcap can test MA5 day support. If the VN30 closes below this support, currently located at 917 points, the probability of a short-term reversal will increase.
Investors should only consider comments from securities companies as a source of reference information. All securities companies recommend the disclaimer for the above comments.
