Aiming to overcome the 1,300 point barrier

Investment comments

KB Securities Vietnam (KBSV) : The index increased on March 26 with a solid body candlestick pattern, making the market situation less negative. However, this increase was not very convincing when accompanied by weak liquidity and the probability of the index surpassing the peak was still not highly appreciated.

Investors are advised to avoid chasing buys during uptrends and prioritize restructuring portfolio proportions to safe levels when the index or stocks they are holding exceed their peak.

Agribank Securities (Agriseco Research) : The risk of a decline in points still needs to be taken into account if the index's upward momentum is not accompanied by an improvement in trading liquidity.

Investors are recommended to continue holding medium and long-term positions, while partially increasing the proportion of short-term trading when the index retreats to the near support level around 1,250 points.

Saigon - Hanoi Securities (SHS) : The current accumulation base is reliable enough for the market to form the next uptrend and move towards overcoming the 1,300 point resistance. In the medium term, the market is facing an opportunity to explode beyond 1,300 points to confirm the uptrend, but the market may need to accumulate more around the 1,300 point resistance.

Stock news

- US stocks fell. The US stock market fell in trading on Monday (March 25), as investors shifted to a state of consideration and contemplation after the recent rally that sent indexes to record highs.

- Japan Raises Interest Rates: Why Did the Yen Fall to a 2024 Bottom? A week ago, Japan raised interest rates for the first time since 2007, a move that marked a historic change in the country's monetary policy. But the yen fell.
Japanese officials are now discussing formal intervention to support the Japanese currency. The yen traded at 151.86 per dollar on Friday.   before, the lowest level this year and at the level that would require intervention in 2022 .

Source: https://www.nguoiduatin.vn/lang-kinh-chung-khoan-273-huong-toi-vuot-can-1300-diem-a656015.html