[Infographic] VN-Index may still be under pressure to retest the 1,255 point price zone

Thus, VN-Index is currently maintaining above the highest price zone in 2023 around 1,255 points and is heading towards the resistance zone of 1,275 points, corresponding to the average price of 20 sessions.

Although liquidity on the HoSE yesterday improved compared to the previous session when the matched volume increased by 8.6%, it was still lower than the average of 1 week, 2 weeks and 1 month. On the HNX, the trading volume was 14.9% lower than the session on July 1. Foreign net selling momentum was weaker in the session on July 2 with a net selling value of VND45.29 billion on HoSE.

In the short term, VN-Index has recovered quite positively, however, market liquidity is still quite poor, reaching only about 60% of the average level. Therefore, VN-Index may still be under pressure to retest the price range of 1,255 points when encountering resistance around 1,280 points, corresponding to the equilibrium price range of the short-term accumulation channel of 1,250-1,300 points.

Source: https://nhandan.vn/infographic-vn-index-co-the-se-con-chiu-ap-luc-rung-lac-kiem-tra-lai-vung-gia-1255-diem-post817254.html