During the trading period of on October 22 on the morning of , the VN index rebounded slightly after approaching the support level 1.360 to 1.380 (the previous peak month 08/2021). If the correction continues to appear, the region will continue to be an important support.
VN-Index's technical signal
In the early trading on October 22, 2021, VN-Index rebounded slightly after approaching the 1360-1380 point support area (the old high in August 2021). If the correction still appears, this area will continue to be an important support.
After the random oscillation indicator continues to give the sell signal, it begins to decline. In addition, MACD has been reversed. If a sell signal also appears on this indicator, the risk of correction will increase.
Bolling with appears in the range of points 1360-1380, which is quite reliable. At the same time, a short-term uptrend line has also appeared near this support area (starting from July 2021).
HNX-Index's technical signal
2021 In the early trading on October 22, 2021, HNX-Index continued to test 78.6% Fibonacci projection level. small-body candles appear continuously, indicating that investors' sentiment is in trouble again.
If you break through this level, the index will have a chance to rise to 100% Fibonacci projection level. On the contrary, the midline will become an important support for the index. This road has done a good job in the past few months, so it is quite reliable.
LCG - Licogi AG 16
For most of September 2021 and October 2021, the share price of LCG moved in a certain horizontal channel, with the lower limit of 13,700-14,400 areas and the upper limit of 16,000-16,700 (calculated by cashew nut price) corrected.
In early trading on October 22, 2021, LCG paused the white closing Marubozu candlestick mode and is currently retesting the upper boundary of the horizontal channel. This is also the existence of Fibonacci retracement of 161.8%. only when the early trading approached the 20-day moving average, the trading volume of increased again, indicating a strong rebound in cash flow. Both
MACD and the random oscillator indicators show a buy signal, supporting the possibility of completely overcoming this resistance. By then, the next target of LCG will be Fibonacci projection level 261.8% (equivalent to the 21,000-21,500 area).
PSH - Nansong Oil Oil Investment and Trade Co., Ltd.
In the early trading on October 22, 2021, PSH stock price successfully tested the 16500-17500 area on the previous trading day (the old bottom in January 2021), continued to fly at the high level of ceiling price .
MACD continues to rise after breaking through 0. In addition, the relative strength index also broke through the 50 level, setting a record high in more than three months. This indicates that the bullish momentum is consolidating.
In addition, the trading volume is still strong (only the 20-day moving average in the morning). This signal indicates that the capital flow is coming back.
