Some securities companies forecast that VN-Index is likely to continue to undergo a pullback correction before finding a new balance point with a remarkable support area around 1.46x.
The tug can continue
Asean Securities Company (Aseansc): The market on December 2 recorded a slight decline in the context of banking stocks weakening at the end of the session and liquidity was lower than 20 session average. This shows that the market has not yet been able to get out of the tug-of-war state. Aseansc forecasts that in the next trading session on December 3, the struggle may continue in the morning session between the buying force at the support of 1,475-1,480 points and the selling force at the resistance of 1,475-1,490 points, before there is a divergence. more clearly trending towards the end of the day.
Continue to accumulate in the short term
Securities Bank for Investment and Development of Vietnam (BSI): Market breadth tilted to the negative side with 9 out of 19 sectors gaining, led by the healthcare sector with an increase of nearly 2%. Regarding foreign investors' transactions, on December 3, they were net sellers on both HOSE and HNX. In general, VN-Index is likely to continue to accumulate in the short term before moving to new highs.
Mirae Asset Securities: The market's sideways session (December 2) kept the technical points unchanged.
Currently, Mirae Asset's technical score is neutral in the short term.
Continuing to adjust, tug-of-war
KB Securities Vietnam (KBSV): VN-Index is likely to continue to move in a tumultuous correction before finding a new balance point with a remarkable support area around 1.46x. KBSV recommends that investors only buy back part of the short-term weight when the target stock price turns down to notable support areas.
The possibility that cash flow may return for speculative stocks
