20190717_BSC_Vietnam Daily Review_EN_Testing the resistance of 980 points_TA_SSI_Breakout

Highlights
• The VN-Index gained in the morning, and the increasing trend narrowed.
• Stocks dragged the index up the most including GAS (+1.45 points); VNM (+0.73 points); BVH (+0.33 points); MBB (+0.22 points); CTG (+0.22 points).
• Stocks made the market decline including VCB (-1.08 points); VIC (-0.40 points); NVL (-0.24 points); BHN (-0.24 points); VPB (-0.21 points).
• The matching value of VN-Index today reached VND 3,371.5 billion, up 1.2% compared to the previous session. Today's trading range is 6.54 points. There were 129 gainers and 163 losers.
• At the end of today's trading session, VN-Index gained 0.46 points to close at 982.57 points. At the same time, HNX-Index increased 0.73 points to 106.58 points.
• Foreign investors today net bought 212.45 billion dong on HOSE focused on PLX (126.24 billion), VHM (22.18 billion) and GAS (19.69 billion). However, they net sold 39.11 billion dong on HNX.


Market outlook 
Besides banking stocks (except VCB) was the main motivation, blue-chips such as BVH, GAS, FPT, and VNM also helped VN-Index recover positively at the end of the morning session. In the afternoon, strong profit-taking pressure in some large-cap stocks like VCB, VIC, FPT, MSN, and VJC made the gaining trend narrow although the banking and securities stocks saw positive trade. The market closed at 982.57 points, up 0.46 points compared to the previous day. VN-Index is still testing the resistance level of 980 points. Positive information about business result in the second quarter of listed company and the net buying of foreign investors will be the pillars of the market in this period.




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