Vietnam IndexLong
$VNM $VNINDEX $VN30 VCP pattern
Vietnamese 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.
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.
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