Henry, the first overseas financial trader in Vietnam, has an in-depth analysis of Vietnamese stock market, sectors and individual stocks. We invite Henry to exclusively interpret it, the Vietnamese stock market weekly review, and the latest news in the Vietnamese market.
Below is Henry's evaluation of the Vietnamese stock market in the past week:
This week's Vietnamese stock market index opened 808.51, with an intraday high of 810.13, a low of 802.60, and a closing price of 807.14, an increase of 0.16%, and the trading volume further increased compared with last week.
Specifically, after hitting another new high of 810.13 on Monday, it fluctuated slightly around the five-day moving average and ten-day moving average for five consecutive days, and once again stood on the five-day moving average on Friday. As we analyzed last week, with the small increase in the index, the individual stock market continued this week. The low-priced high-performance stock FCM, which we have been tracking continuously, fluctuated and rose for five consecutive days this week. YueJet Air VJC, after entering the upward channel, reached the daily limit with a drop of 4 on Friday. There are more and more stocks that are rising and rising and attacking.
MWG and FPT in technology stocks have also pulled up and entered the upward channel. HPG in steel stocks has also risen continuously, and energy stocks GAS and insurance stock BVH in VN30 have also slowly entered an upward pattern from the bottom.
At the same time, from the -week K-line and the html April K-line of the Vietnam stock market, they are both typical bull market patterns, especially the weekly K-line, which is also diverging upward at a relatively high level. On the surface of these signals, in the medium and long term, the bull market is still on the way. However, judging from the fluctuations and consolidation of the daily indicators this week and the relatively weak trend, if the Vietnamese stock market wants to open up the index upward again, it is necessary to start the market for brokerage stocks, , bank stocks and other large-cap blue chip high-performance stocks.
SSI Saigon Securities and HCM Ho Chi Minh Securities in brokerage stocks have been adjusted for nearly a month, and the weekly K-line has gradually entered a convergence state, and the technical trend of pulling upwards may be launched at any time. Such as CTG in bank stocks, it has also gradually emerged from a volatile upward pattern. Especially the large-cap VCB bank, judging from its weekly K-line pattern, it has not risen sharply in almost a year, and is also in a state of constant fluctuation and accumulation of momentum, and may explode at any time.
From this, we can clearly see that in a large number of high-quality blue-chip stocks are in the process of fluctuation and adjustment, if the Vietnam Index wants to have room for further growth, it can only rely on these high-performance growth stocks in VN30 to pull up. For example, VCB can boldly buy on dips, and SSI and HCM in securities stocks can be gradually bought. FCM, HPG, and MWG that have entered the upward channel can also boldly increase positions in the callback project and hold the mid-line line. VJC YueJet Airlines can also gradually absorb at low prices after excluding . GAS Vietnam Oil and Gas and BVH Baoyue Insurance can be purchased on dips next week.
In short, if the above stocks are at a relatively bottom, boldly absorbing them will definitely get better returns in the future market, and at the same time, it can avoid the risk of up and down fluctuations in the index.
Statement: The above content only represents personal opinions, and the investment losses caused by this are borne by the individual. Please make cautious decisions and invest rationally.
