VNM - should we buy the dip? - (HOSE)Vinamilk - the number 1 dairy company in Vietnam - is seeing a 20% drop in stock price since the beginning of 2021.
Is this just a correction wave or is VNM in bigger trouble?
And ultimately, should we buy the dip?
Go Long KDH (VN Stock)Go Long KDH at 36.5 with a huge volume breakout bar.
The bar confirmed for the breakout bar out of resistance at 35.8 from the day of 4 May and finished test resistance with a long-tail pinbar of the 19 May.
The average volume continuously increase to support for longterm uptrend.
Go Long SSI (VN Stock)Go long SSI at 36.9, break out VCP pattern for 4 months.
Price and Volume breakout confirmed for the previous efforts date 10 May and 13 May.
Sideway, wave 2 is confirmedDragon Capital buy a lot
Shark keeps price sideway to collect more stock
Buy and hold ultil the end of year. Price will moving up to wave 3
Testing for support, Not the time to buy- In weekly chart price get Fiboncci Retreatment 50%, is support;
- In daily chart a downtrend
- Price testing support zone
- There has been no sign of any sudden change in volume, liquidity is still declining.
Current action: it is too early to make a buying decision, observing it seems necessary to expect additional create price in this area;
