21/02/25 | Fluctuation at the peak of 1300 | Technical Analysis #vnindex #vn30index

From a technical perspective: VN Index ended the weekend session with a Hammer candlestick thanks to the efforts of late-session demand and blue-chips. The market has not shown any worrying signs and will generally fluctuate within a range of 5-10 points in the short term.

On the hourly chart, CMF is moving up thanks to positive late-session demand, VN Index ended the session with a red candlestick similar to Marubozu, showing that the general sentiment is not completely negative. The probability of small-amplitude fluctuations still exists, VN Index needs to consolidate momentum before moving up above the 1300.

On the daily chart, RSI and MACD have not changed significantly, continuing to move up and have not yet formed a peak. DI+ is anchored at a high level above 25, the ADX has not yet surpassed this level, showing that we need to wait for further confirmation from the consensus of large-caps and liquidity.

Investors continue to take partial profits on stocks that have had good growth momentum in the recent past and have shown signs of reversal at strong resistance zones; at the same time, hold stocks that are still on the rise and the trend has not shown signs of weakening under selling pressure. The market is in the phase of testing momentum before the psychological resistance zone of 1300, but in general, stocks maintain a fairly good price range. Investors can select stocks that attract cash flow back after the correction phase and have successfully tested the support base to disburse for the target of surfing T+.