Vietnamese stock indexes are making 3 cups. Those following Mark Minervini might call this VCP - Volatility Contraction Pattern. Vietnamese economy is making progress towards reopening, the stock market might benefit.
The final cup provides a clear and small stop loss level. Traders can trade
VNM to take advantage of the pattern. Price did not necessarily produce confirmation yet so conservative traders can wait for a better entry.
The final cup provides a clear and small stop loss level. Traders can trade
VNM to take advantage of the pattern. Price did not necessarily produce confirmation yet so conservative traders can wait for a better entry.
Kidze
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Kidze
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.