VNINDEX VIETNAM INDEXHello ladies and gentlemen, according to my graphic analysis of the chart
VIETNAM INDEX we see it in trading range
I advise not to trade it now until it breaks the support and resistance strongly
any questions contact me:)
VNINDEX trade ideas
- VNINDEX's WINTER IS COMING. - Hello my subscribers and trading community. I hope that all of you are now good.
- Today, I want to express my idea about Vietnamese stock's index (VNINDEX). I know exactly that you are wondering war's impacts on movement of stock market?. OK, LET"S GO!!!!.
- Let me clarify a problem. I believe that all of you listened to "Fundamental analyst". According to this method, we make our decisions based on entity's business performance and financial ability and may be "RUMOR". But there is a far difference between RUMOR and information issued by entity. Information about entity's performance and financial position is represented in financial statements (balance sheet, income statement and cashflow,..) and these reported are verified by auditors. How about RUMOR ? No one can check its accurate. it appears quickly and also disappears quickly and it just causes impact on stock's price in short-term. My investment philosophy is very simple, based on two rules:
1. Focusing on long-term, ignore movement on short-term.
2. Stock's price only moves up when demand is higher than supply.
- If a company have good business performance results but no one want to buy its stock (demand < supply), its price can not increase. Therefore, when you identify or read any information about your invested stock, please ask yourself "How this information effect on demand and supply (you can you RSI for making your answer) and its impact in LONG-TERM?".DO NOT BELIEVE BLINDLY IN NEWS.
- Because of these reasons, my idea about VNINDEX will be released based on demand and supply analyst.
- Currently, price is trying to overcome local resistance (1536), but failed many times. In Nov, 2021 and Jan 2022, we have two bearish candle stick patterns and the high probability that this week, we will have 3st . It proves that increase momentum is slowing down and price need to adjusted.
- With RSI, we have bearish divergence (supply>demand), it is evidence that price will make an adjustment.
Based on above analysts, there are two situations :
1. Price drop back to 142x, this support can stand and price back to uptrend.
2. 142x can not stand and price will drop to deeper bottom 121x
Either situations. 142x will be key level so that I recommend that wait for price's reaction at this level for next decision.
Feel free give me ur feed back and comments.
VNIINDEX Positional View for FEB 25 2022
Current position is SHORT Sold on FEB 24 2022 at 1507.46 . Action for FEB 25 2022 continue short and reverse to long if VNIINDEX
close above 1499.91
RSI divergence on vnindexmay be a short
vn index bull force is slower than previous months, It may result a correction
LONG TERM VNINDEXLong Term VNindex
The #vnindex is showing quite strong correction signs
Expected time to correct the index to 1100 around July 2022 ~ 11/2022
VNindex maybe "sit down"Maybe down in next 3 months
By FED's rate in March 2022.
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VNINDEX - CONFUSING SITUATION.- Happy weekend Vietnamsese traders.
- This week is certainly difficult time, VNINDEX drops sharply, from 1508 to 1427. As a direct result, almost of other stocks make adjustment. Now, VNINDEX have a relief bounce toward local resistance 1508. I sure that you are in the situation confusing, whether uptrend really came back or just dead cat bounce.
- I never try to guess market's trend. Instead, I focus on detecting best actions that fix into current market's condition.
- Take a look VNINDEX's chart. My indicators give us two situations:
+ Situation 1: Price bounces back to 1508, react strongly here, then retests 1480. If 1480 can stand, price will toward to local top 1533 and higher levels.
+ Situation 2: 1480 can not be hold, deeper support (1409) will come.
Either situation, 1480 also is key level. Please wait for retesting this level completely, then make your next decision.
VN-INDEXWup, good morning Vietnamese traders,
Look at this chart, I sorry to say that “F0’s honeymoon is coming to the end”. Next several weeks, VN-Index highly sinks to 142x because of some reasons :
1. RSI : With RSI’s chart, ascending triangle pattern was broken. Moreover, RSI bearish divergence also happened.
2. Price dropped under gap window 1500-1507. Several days ago, price try to close above this gap but failed.
By these analyst, I recommend that you should manage your portfolio carefully, if u have profit, please take profit.
Feel free to make feedbacks or comments.
VnIndexVnIndex is entering the ABC bearish wave pattern according to Elliott wave theory.
Waiting to buy at 1,424 pts
VN-INDEX-LONG-TERM- We have two situations for VN-index. Please manage your portfolio tightly.
- Alway prepare for situation 2.
VNINDEXAnddd the show begins!!
Been sitting on the sidelines with cash for a while now; ready for buying opportunities
Too sad we can't short stocks in Vietnam : (
VNINDEXWas thinking that this current leg is a w1 but the move up wasn't very clear; so im chaning it to a B up for a flat correction now (unless we bounced from the golden zone and make a new high - not likely).
This is also based on my bearish biased on the SPY too so I'm using it as a similar sentiment for VN market.
Made some changes for the macro count as well
VNINDEXToday nice strength from last week correction. I wanna see an impulse from here. Targeting 1600+
Compared to the US market this was really fast.
I always feel like Vn market is much easier to trade.
VNINDEX under Elliott wave viewMY point of view about VN index
Seems like it's going to retest 1400. A good chance to long. However, be careful that it can be the start of the last wave in an uptrend pattern, right before a big calibration
VNINDEX TO FROM 2021 TO 2025Vnindex From 2021 to 2025. Good Lucky! - Vnindex From 2021 to 2025. Good Lucky! - Vnindex From 2021 to 2025. Good Lucky!
$VNM $VNINDEX $VN30 VCP patternVietnamese 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.
