Could continue recovery

  According to brokers, the market can continue to recover with about 490 goals for the VN-Index and HNX-Index 63.


    Stock Investment Strategy report stated criticism of a market for the trading of Securities on 27/6.

     

    Although selling pressure down but bottom fishing activities should not deluge the market trading sideways with wide margins on 26/6. Close, VN-Index recovered slightly 0.51 points (0.11%) to 473.53 points, while the HNX-Index rose 0.24 points (0.39%) to 62.24 points.


    Trading volume fell 33%, to 96 million shares on both exchanges, worth over 1,500 billion. Foreigners were net sellers on HSX 242 billion and 18 billion on HNX, rebounded strongly from the previous session and increase the number of consecutive sessions sold on HOSE to 11.


    Back to the stock market, technically, as we expect, both indices have recovered slightly on 26/6 and candle pattern forming positive and Tweezers Bottoms Doji on the VN-Index and Hammer Tweezers Bottoms and the HNX-Index. In the next session, the market can continue to recover with about 490 goals for the VN-Index and HNX-Index 63. The surfing strategy, cut small holes and small profits, would be more appropriate at the present time.

    

    So suspend disbursement
 

    (FPT Securities - FPTS)
 

    Vietnam's stock market had a more positive developments, along with the recovery of the global stock. Besides, after a long period of decline in the price of shares fell rapidly declining regional attraction and also slowed down today.


    In this area of ​​domestic investors holding shares mostly unprofitable to supply pressure of this group is negligible, whereas the dynamics of foreign net selling has not stopped and increasing signs This is also an explanation of the reasons for the decline of the market.


    Over the past two weeks, foreign investors sold the continuity, especially at the end of the session, causing significant pressure on the market, sales concentrated in large capitalization stocks making activities purchase of domestic investors are cautious and pessimistic. Although the term structure of the ETF portfolio has ended, but the withdrawal VNM ETF was held recently has caused concern in investors' sentiment about the possibility of continued selling pressure above.


    In the next session, the market is likely to recover if the supply of low-cost high-depleted and prices of the stocks were attractive. However, with careful perspective, then investors should pause disbursed when the signal from the noise activities of foreign investors has not been controlled.

     

    Will continue to support around 470
 

    (Vietnam Investment Securities - IVS)


    The world market has recovered and this is certain to affect investor psychology. Version 26/6 saw the calm back whether foreign investors continued selling some stocks such as VIC, STB, HAG, BVH, DPM ... and of course it has a major influence on the index. Trading activities will really end on the last 2 days of June and most likely next Friday at ATC will again witness another round of strong trading sessions on 21/6 but the level will not too large.


    This information is perhaps not so strange anymore to investors will be given a preparation for this session. Of course, if the ETF has been withdrawn, the funds continued to sell on the first day of July is unavoidable.


    World Market 26/6 had recovered slightly and this mentality become better investors. Expected government press conference will have more information to support the market. If no local information is the information on the world market will have an impact on investor sentiment in the short term.


    So after a recent decline, the VN-Index has access to the bottom 470 have been set up in March and April. Therefore, it is likely that the number will continue to support around 470 points a few more sessions before opening a new position. Market Forecast ngay27 / 6 will be a balance, however, as we have mentioned above, next Friday is the last day to finalize the purchase list at bottom would seem reasonable for investors Short-term trading strategy.

    

    Sell ​​when the VN-Index can not exceed 490


    (BIDV Securities Company - BSC)


    Market equilibrium back after the sell-off on 26/6. The index rose following a process of increasing or decreasing the fluctuations in the session. However, the Index has not crossed the 475 with volume 20% lower than the average of 10 trading sessions last as unreliable signal of market recovery. Signal recovery is only reliable when crossed 490 Index with increasing volume.


    The concept of short-term downtrend remained until the market changes landmark. We continue to recommend investors hold shares in the proportion of low and continue to sell out the Index can not exceed 490 points in the next few sessions.

    

    Will increase the version 27/6

    (Maritime Bank Securities - MSBs)


    The market will rally on day 27/6 to demand high price increases. We believe that the psychological recovery of excitement in session 27/6 bearing the stamp of technical sessions and recovery actions begin trading short-term bottom has hidden risks T +.


    Do not eliminate market scenario can be reduced to a rate more important to support


    455 points after 3-4 sessions again, investors should remain limited unless purchased some medium-term investment opportunities most promising. Version bull trap on 27/6 also will be an opportunity for investors to reduce the proportion of poor stock.