May be postponed in the next trading session

(NLDO) - Dragon Viet Securities predicts that the market may retreat in the next trading session to retest the support cash flow at the 1,265 - 1,270 point zone.

At the end of the trading session on February 17, VN-Index decreased by 3.36 points, closing at 1,272 points. Order matching liquidity on HoSE increased, with 739.4 million shares.

The VN30 basket of large-cap stocks fell 6.51 points, closing at 1,334 points. In the group, 9 stocks increased in price:SHB (+1.9%), SSB (+1.8%), VJC (+0.8%)... On the contrary, 19 stocks decreased in price such as MSN (-2.5%), MWG (-2%), BVH (-1.5%), TCB (-1.2%)...

During the session, foreign investors continued to net sell on HoSE, with a value of 600 billion VND. Of which, they sold heavily at MWG (-162 billion VND), VNM (-100.8 billion VND), HDB (-72.9 billion VND)... On the other hand, they bought many shares of HPG (+54 billion VND), EIB (+52.7 billion VND), SHB (+44.9 billion VND)...

According to Rong Viet Securities Corporation, the market may be under pressure to retreat in the next trading session to retest the support cash flow at the 1,265 - 1,270 point zone.

Market performance in today's session Source: Fireant

This zone is still having a supportive effect and can help the market regain balance. If the supporting cash flow remains good and absorbs the supply, the market will have more opportunities to challenge the resistance zone of 1,280 points in the near future.

"Investors should proactively take short-term profits on stocks that have increased/recovered quickly to the resistance zone to reap the rewards and minimize risks for the portfolio. In the short-term buying direction, priority should be given to some stocks that have had positive developments recently and are retreating to good support zones" - Rong Viet recommends.

Meanwhile, VCBS Securities Company believes that investors need to consider taking profits on stocks that have reached short-term targets, while continuing to look for investment opportunities from industry groups/stocks that are showing signs of rebounding from deep discount levels.

Stocks of some notable industry groups include: electricity, real estate, securities.

Source: https://nld.com.vn/chung-khoan-ngay-mai-18-2-co-the-lui-trong-phien-giao-dich-tiep-theo-196250217170922876.htm