VNINDEX is in the B wave retracement phase?Follows the Elliott Wave principle, and we are currently in the B wave phase of a zigzag correction (ABC) within the fifth wave (Wave 5) on the weekly timeframe. After completing the impulsive movement of Wave 5, the market has entered a correction phase, with the A wave showing a sharp decline and
$HOSE:VNINDEX breakout, long $HNX:VN301! I had a pretty safe vn30f1m long position from that swing low.
My idea is wait for a retest/breakout to increase the position size.
Vietnam stock could form a swing up formation from here, we can wait for a pullback to open new position or increase position size.
$HOSE:VNINDEX can expect a pullback here.HOSE:VNINDEX can expect a pullback here.
Watch this zone or a bit deeper level where there is a trendline that has confirmed with 3 bounces in the past.
With unsupported mid-term macro expectations, and record low liquidity level, it is difficult to know which direction big players will take the
Fundamental and Technical Analysis of Vietnam
HOSE:VNINDEX
1. Fundamental Analysis
The chart above illustrates Vietnam's GDP growth (VNFGDPG). The data clearly shows a significant decline after the COVID-19 crisis, indicating that Vietnam's economy was substantially impacted by the pandemic. Prior to COVID-19, GDP growth was relatively
Fundamental and Technical Analysis of Vietnam
HOSE:VNINDEX
1. Fundamental Analysis
The chart above illustrates Vietnam's GDP growth (VNFGDPG). The data clearly shows a significant decline after the COVID-19 crisis, indicating that Vietnam's economy was substantially impacted by the pandemic. Prior to COVID-19, GDP growth was relatively
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.