The beginning of M frame introduced a triangular wave indicating that there is only one wave with the same direction with the main trend. It's finishing an inpulse wave downward indicates that the big downtrend ended totally and the market has beginning a new up-trend in M frame, which is moving in 5th (Daily) in 1st (Weekly) in 1st (Monthly).
The video has a personal point of view,Investors should only refer.
This is the first time I published my idea for the Vietnam stock market. And I hope this is helpful for you guys in trading.
www.tradingview.com MBB shares are shares of Military Commercial Joint Stock Bank, one of the largest banks in Vietnam. MBB has a good operating history, high reliability and is considered one of the banks with good growth potential in the future. However, it should also be noted that the stock market always has potential risks. Investing in stocks needs to be...
SSI currently has a continuing pullback, We can wait for a reversal sign at 30-31.5 range. In the worst case, we will have a solid pullback to Fibonacci level 0.5 or 0.618. We cannot tell where the market will go but we can wait for the reversal sign and enter at a solid breakout as a confirmation signal.
With HPG, I expect price range 25-26x will be a good support area. With current strong up side movement, a shallow pullback is expected then price will breakout from A-vwap and lower MA band. We are locking for a reversal signal to revert current down side movement. With sideways strategy activated, I will wait and buy MA lower band breakout.
Let's see if we could get upper band as support or index will pullback to lower band as sideways trend continue.
With VCB 0.5 or 0.618 Fibonacci retracement is forming, I expect price has a good recover to lower band (green line) above from current price (0.5 level) or a little bit lower (0.618 level). We can wait for a lower band breakout then buy and sell at upper band as long as sideways strategy bias still active. Beware both of market-risk sentiment lines are in purple...
ACB is in its B corrective wave when we look at the monthly chart. It's Elliott principle that there is a possibility for a B expanded flat where the end point of B might be over the peak 5th wave, then it will move down following a C with 5 waves downward in smaller wave level (W frame)
HPG - swing per the weak flow of Vnindex, touching 'green' area then turn back...
This is what I found out using Elliott waves principles, it is moving to a position for a big short in monthly frame, which brings no good to anyone
CMS is going to Cup & Handle pattern, let see will it be finished ;)
Currently, we see that HAG is at the over bough zone. Beside that, RSI & MFI indicator let us know that it 's divergence. I expected, price could be reach to 13.350 then correct. Let see!
The video has a personal point of view,Investors should only refer.
VIC flies high in late 2023 and 2024 and will develop strongly VIC flying high at the end of 2023 and 2024 will develop strongly, according to the accumulated price line and with the actual situation, the group is on the right path to long-term development.
There is a bearish divergence on this stock, making the immediate support zone a likely next target.
CAP-Yen Bai with a high divident proportion, but it's in an ending diagonal and potential in a big correction