20180719_BSC_Vietnam Daily Review_EN_Market meet resistance_TA_NKG_Approaching resistance

Highlights
• The market is fluctuating around the reference level due to sell orders from the bottom fishing sessions.
• The leaders were MSN (+1.2 points); VJC (+0.83 points); GAS (+0.77 points); VNM (+0.73 points); BHN (+0.45 points)
• The laggards were VCB (-0.84 points); VHM (-0.8 points); CTG (-0.62 points); SAB (-0.62 points); BID (-0.4 points)
• The banking stocks witnessed a rise in momentum due to the strong resistance and need to accumulate.
 • The trading value of VN-Index in today session reached VND 3,360.12 billion. The trading range was 7.5 points. The market recorded 153 gainers and 144 losers.
• By the ending of the session, VN-Index gained 1.58 points, closed at 943.97 points. However, the HNX-Index lost 1.34 points to 105.58 points.
• Foreign investors today net sold VND -51.03 billion on HOSE, focusing on -51.03 billion on VCM (-126.5 billion), VJC (-44.8 billion) and VHM (-30.5 billion). They net sold -37.44 billion on HNX.

Market outlook 
The market index has fluctuated around the reference level due to the force of selling from bottom investors. However, the selling force is not strong and the market is clearly differentiated. The next trading day will determine the short-term trend as stocks are bought in the breakout phase and investors should wait for confirmation. BSC recommends investors to open small position of their account tomorrow if the weak sell or the market moves in a combination of high prices and volume, avoid entering the market if the price falls sharply and the volume rises. market.

Technical analysis
NKG_Approaching resistance
(Please go to page 2 for buy/sell status of stocks and page 4 for Blue chip stocks information)