VNINDEX trade ideas
VN-INDEX temporarily reached equilibrium on its own!Today, on 10 May 19 market seller and buyer balance each other, and as a result, most of stock prices become stable.
Last 5 days, over-supply of stocks caused prices to go down. However after gloomy movements in the morning, the market became quite active in the afternoon with many groups gaining, especially petro sector such as PVS, PVD , PVB ... simultaneously broke out as soon as the market opened in the afternoon until the end of the session. The market movement will be more positive in the early next week and the gaining trend will spread to other sectors as well .
VN-INDEX temporarily reached equilibrium on its own!On 10 May 19 market seller and buyer balance each other, and as a result, most of stock prices become stable.
Last 5 days, over-supply of stocks caused prices to go down. However after gloomy movements in the morning, the market became quite active in the afternoon with many groups gaining, especially petro sector such as PVS, PVD , PVB ... simultaneously broke out as soon as the market opened in the afternoon until the end of the session.
The market movement will be more positive in the early next week and the gaining trend will spread to other sectors as well .
VNI Index 18/4/2019 Head and ShouldersVNI Index formed a bearish pattern Head and Shoulders.
Failing to break 1000 resistance level is a bearish signal for VNI Index.
Target 1: 940
VNINDEX - Hourly 1Currently, VNINDEX is still in daily upward trend. However, it is declining on H1. Maybe, VNINDEX will go down to 891.19 - 884.25 as picture.
VN-INDEX - Prepare for the next time of downtrendWe need prepare for the next downtrend of VN-INDEX guys
We are in Bear Flag pattern and the target is 1.0 of Fibonacci Extension
Good luck for all !
VNINDEX - Dropping after touch resistance zone VNINDEX will drop after it touch resistance zone to 2 targets in below.
VIET NAM INDEX - Bounce back and keep droppingVNINDEX also follow World Stock market with bleeding blood.
We have strong drop in several days and break many important MA (essential support).
We are in 4th bearish candle of TD - Sequential so may have small bounce back to SELL ZONE, and SHORT from SELL ZONE will more safe than LONG
DMI 4c show bear is strong
RSI also want to bounce back from over sold zone
Good luck every one !
