Last week, VN-Index gained 2.08 points (+0.13%), to close at 1,660.7 points, with 146 stocks advancing and 218 declining. The average trading value for the week was VND 28,128 billion, down 16.47% compared to the previous week.
We maintain the view that the market will continue to move within a short-term sideways channel, ranging from around 1,600 to 1,700 points, to accumulate momentum and await new supporting factors to establish an upward trend in the near future.
The support zone for VN-Index is located at 1,630 – 1,650 points.
The resistance zone for VN-Index is located at 1,650 – 1,670 points.
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Please find the attached file below,