VnIndex : narrow fluctuation , accumulation , and will explode

Posted on : 27-06-2010 14:38 Folder : Analyze , predict Vietnam's stock market
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House number investors feared the ability to index the price VnIndex overcome resistance 510-515 Points have become even clearer when the sale of stocks set up quite high in two sessions last week . Again VnIndex index Success can not conquer one of those milestones month 6, this has raised fears not much optimism to Vietnam stock market , some investors have also begun signs of anxiety. Last week session to show very clearly the views of investment when they focus extremely strong buy stock codes and prices discount code found strong despite the strong discharge . Can understand this is a dynamics showed that the expectation of many investors about the possibility Marketing schools will have recovered in a week this transaction , so the purchase order rather large investors were launched in late session on Friday.

Communications services around the 500-515 price point narrower than two weeks now that the large power supply and demand rather hesitant , yet decisively involved heavily in marketing cases , these transactions have narrow amplitude expressed intransigent disputes , but the winner would not tilt on the side . Meanwhile, the sky falling phase of the stock is still interested of investors , the focus also showed that the cash flow investment by speculators " surfing " is dominant , they are still continue to create differences between the stocks in the index VnIndex . Fibonacci Projection Tools of the recent price fluctuations ( XAB ) for the results support around 500 points corresponding to the rate of 23.6% , there was also coincides with the space created by price increases Transaction on 11/06/2010 , according to technical charts of 500 candles , the mold We act as the support level is quite sure.



Thus, strong support levels this week as the price of 500 points , and regions resistant to 515 points at a rate corresponding to 61.8 % . This can boundaries are considered to have warned the market will " boom " increases or decline in the short term .

In the short recovery period than 2 past week, we noted the increased efforts of the seafood industry and Construction. But the recent volatility suggests that seafood industry trends continue to increase , despite the other sectors which are under common the negative effect of the index VnIndex , are affected the most include securities industry and the Opening of Finance.



Consider the possibility of happening , we said that only some VnIndex will be supported in the price of 500 points by a force too strong for with the power supply market . Because trading volume in the session 500 points below the recent price is always low, which proved quite Investors have little sense of disappointment or that the level is below 500 points risks. The short-term accumulation in the price at this point was 505-515 view is essential and reflects the positive before the knife innovative work on medium and long term trends we expected report is going to happen this month 07/2010 .

Zheng Play