VNINDEX
Elliott: VNINDEX may fall to 900VNINDEX market may have completed wave 5 SuperCycle.
If VNINDEX corrects to Fibo Retracement 0.618, we will see VNINDEX at 900 in 2024.
Another possibility: 2021 is the top 1 of the extended (V) SuperCycle wave, however we do not see the end of the zigzag correction yet.
VNINDEX VIETNAM INDEXHello ladies and gentlemen, according to my graphic analysis of the chart about VNINDEX VIETNAM INDEX.
we notice a few day ago pull back on one level with big candle.
then start of the rise until today,I advise to buying this stock and keep it.
any questions contact me guys.
don´t forget like and support guys.
good luck every one.
VNINDEX entered a down phase for about 2 yearsVNINDEX has just ended an uptrend. Next will be a long-term decline in about 2 years.
For derivatives trading, only sell in a downtrend and beat down.
For basic securities transactions, it is enough to wait until early 2024 to buy gradually.
Note: this is only personal opinion, not investment advice.
VN-INDEX RECOVERYHello my subscribers,
- I hope that all of you are fine. Within two weeks of April, VNINDEX dropped 17.40%, from 1536 to 1317. This movement is as nightmare for investors and traders. "What next ?". I believe that downtrend is slowing dow and turn to accumulation period because of these reasons:
1. RSI is under 30, it reflects that price is now in oversold area and it will be adjusted very soon.
2. Price is dropping to strong local support, from 120x-121x. Here, price's reaction will happen strongly.
- Next movement:
After dropping to 120x - 121x, reaction movement will running, price bounced back 141x - strong resistance in the past. If price can stand, uptrend movement will occur and price towards to higher level (1600-1700). But if price can not overcome 141x, a drop to deeper bottom (99x) will happen.
Either situations, price will retest 120x-121x. Please keep patient and observe carefully price's action here.
Feel free to leave ur comments and questions