Technical view of the securities trading session on 30/6: Towards deeper support at 790-800 points

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(ĐTCK) VN-Index formed a “Marubozu” candlestick pattern after today’s session. This signals the possibility of further decline in the near future.

The Securities Investment Review summarizes technical analysis reports of some securities companies for the session on June 30.

Bao Viet Securities – BVSC

VN-Index formed a “Marubozu” candlestick pattern after the session today. This signals the possibility of further decline in the near future.

Notably, the index broke support level of 830-840 points which is a negative signal and it is likely that the trend will turn to a short-term down trend and towards the deeper support area at 790-800 points.

Regarding the technical indicators, the MACD continues to go down and is likely to cross the zero line in the next few sessions, the Know Sure Thing and Stochastic Oscillator are pointing down and below the signal line, indicating a downtrend in the short term.

The index is expected to continue under dropping pressure in the next few sessions to the deeper support zone at 790-800 points.

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VN-Index technical chart. Source: VCBS.

Securities Securities MB – MBS

The market dropped sharply due to technical factors rather than the impact information both at home and abroad. The fact that VN-Index lost the support level in mid-June (832 points) may have pushed up selling pressure.

Outside, the future indexes of the US market went sideways even increasing during the session, the European market also opened in the green.

Domestically, positive GDP growth is positive news, although it is the lowest in the history of statistics but compared with other countries in the region and around the world, Vietnam’s modest growth was impressive in the quarter. II this.

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HNX-Index technical chart. Source: VCBS.