Analysis on Vietnam Stock Index: in the rangeHi all,
Currently VNINDEX is in the range 1017 -1160.
For me, better wait to dropp around 1000 before entering the position.
Best of luck
VNINDEX trade ideas
VNINDEX Dec 2023Let's see if we could get upper band as support or index will pullback to lower band as sideways trend continue.
Give the sheep out there some view about VIETNAM INDEXDont waiting for the next top of VNI, wait and see hahaha
VNINDEX For long term is Downtrend The vnindex index has increased in the entire 5-wave cycle from 2001 to 2021, and is now entering the down cycle of wave 1. According to my prediction, this down cycle will be completed by 2031 and then the price will return to about 300-400
VNINDEX long term plan (2024-Q4 to 2025-Q2)This is my idea about VNINDEX long term plan.
Time range: 2024-Q4 to 2025-Q2.
- Expected to continue its upward trend in Q4 2024, reaching a new record high of 2,000 points by the end of the year, driven by strong earnings growth, low interest rates, and positive market sentiment.
- In Q1 2025, the VN-Index may face some correction and consolidation, as investors take profits and adjust their portfolios for the new year. The index may fluctuate between 1,800 and 2,100 points, depending on the macroeconomic situation and global events.
- In Q2 2025, the VN-Index may resume its rally, supported by the recovery of the tourism sector, the acceleration of the vaccination program, and the implementation of new infrastructure projects. The index may surpass 2,200 points by the end of the quarter, setting a new historical milestone.
The Information is not an finance advice.
VNI ready for new trend?Today was a very strong down session for VNINDEX, losing 46.21 points (~ 4.19%), falling to 1055.45 and unable to hold support at 1084.52, the next support level is around 1029.19.
According to Elliott waves, VNI is on its way to find the bottom of wave C in the next few sessions (possibly in November).
Furthermore, an inverse Head and Shoulders pattern is also forming.
Expect that the bottom of wave C will not break through the Head of this inverted Head and Shoulders pattern and start a new uptrend.
FlyupRSIExit = input(55, "RSI Exit")
RSILength = input(4, "RSI Length")
testPeriod() =>
time >= testPeriodStart and time <= testPeriodStop ? true : false
longSMA = sma(close, 200) // 200-day moving average
rsi = rsi(close, RSILength) // relative strength indicator with custom length
longCondition = close > longSMA // closing price is above 200-day sma
if longCondition and testPeriod()
strategy.entry("CALL", strategy.long, 100, when=rsi <= RSIEntry)
strategy.close("CALL", when=rsi >= RSIExit)
VNI form 20-octVNI index from 20 Oct 2023, the correction pharse going to slow. I think it happen in next 3-4 weeks.
VNINDEX over view long termI write to hope someone can read it and please dont catch the knife falling at about 970 - 950.
The market players are still very optimistic, many holders are still their long dca campaign so it is not the bottom yet.
In the near future, the question of 800 billion bonds issued is due and not paid, what will the issuers (mostly banks) do?
Don't be too optimistic guys.
If you can read it, please consider it as a reference point of view.
VNINDEX Thoi diem mua vao tot nhat- Weekly oversold
- Bullish divergence
- Panic sellers
GREATEST BUYING SIGNAL
VNindex confirms the uptrend with the BBMA indicatorBBMA just experienced a weak double top pattern, because the measuring force started from the unbroken candlestick.
VNindex has crossed up the upper band of the Moving Average, showing that the uptrend has begun. Target at points:
- SMA20 of Bollinger Bands (1164),
- MA50 (1195),
- Or Upper Band of Bollinger Bands (1237)
VNIndex weekly chartVNIndex weekly chart, in this chart you can see the trend of VNIndex in next fews weeks.
MPA - MASSAN (MSR) - BUY or SELL
Masan Group, often referred to by its stock ticker symbol MSR, is a prominent Vietnamese conglomerate with diversified interests across various sectors. Founded in 2004, the company has its headquarters in Ho Chi Minh City, Vietnam. Masan Group operates in the following key areas:
Consumer Goods: Masan Consumer Holdings, a subsidiary of Masan Group, is a major player in the Vietnamese consumer goods sector. It owns popular brands like "Chinsu" (soy sauce, fish sauce, and condiments) and "Omachi" (noodles).
Meat Processing: The company entered the meat processing industry through the acquisition of businesses like Mekong Dairy and Kido Group, focusing on providing high-quality meat and dairy products.
Natural Resources: Masan Resources, another subsidiary, specializes in mining and processing tungsten and fluorspar, critical materials used in various industries.
Financial Services: Masan Group has also ventured into financial services through the acquisition of Techcombank, one of Vietnam's leading banks.
Masan Group is known for its strategy of creating a value chain by integrating backward and forward to strengthen its market position in various sectors. It is a significant player in the Vietnamese business landscape and continues to expand and diversify its operations. Please note that this information is based on my last knowledge update in September 2021, and there may have been developments or changes since then.
Buy MSR
Entry: 17.000 - 18.000
Take profit: 20.000-22.000
My thoughts on VnindexMy thoughts on Vnindex.
Be caution on the correction may be on the way.
The index can move up to 1300, another high will be suprised idea.
After the tide washes away, be careful with your position.
Enjoy.
VnindexHo Chi Minh Stock Exchange (HOSE), formerly known as HCM Securities Trading Center, is a stock exchange in Ho Chi Minh City, Vietnam. It was established in 1998 under Decision No. 127/1998/QD-TTg of the Prime Minister of Vietnam. HCM Securities Trading Center officially opened on July 20, 2000, and had its first trading session on July 28, 2000, with two listed companies and six security company members.
Vnindex phase BVnindex.
Ho Chi Minh Stock Exchange (HOSE), formerly known as HCM Securities Trading Center, is a stock exchange in Ho Chi Minh City, Vietnam. It was established in 1998 under Decision No. 127/1998/QD-TTg of the Prime Minister of Vietnam. HCM Securities Trading Center officially opened on July 20, 2000, and had its first trading session on July 28, 2000, with two listed companies and six security company members.
View on VNINDEX til the end of 2023VNINDEX has shown a solid bearish trend, which opens a short opportunity with potential targets for the short position of 1156 or 1138, where the bearish trend is expected to end and reverse. After reaching these levels, VNINDEX could bounce back to 1205 and form a consolidation range between 1156 and 1205.
VNIndex Looking not too good here
It can go lower to 885
Then bounce from there
If something happens in the world
It can get worse
VNINDEX Chuan bi giam manhThere are some reasons:
- VNINDEX Weekly oversold: Red flag No.1
- Daily bearish divergence
- Near the golden pocket: Most likely to get rejected
VNINDEX W1 recoverOil price is reduced, then Gold is going down from All time high.
The VND interest rate decrease consecutively, creat good condition for recovery VNINDEX.
VNINDEX can be go up to Resistance 1300.
