Rebounds are mainly technical (neutral)
Only short-term recovery (increase)
(Bao Viet-BVSC Securities Company)
After 3 consecutive decreasing sessions, many stocks have reached an attractive price range. Low price demand has begun to rebound in some stocks that helped the market recover. However, BVSC believes that this may be a short-term and technical recovery.
Still fluctuating around accumulation (Neutral)
(MB – MBS Securities Company)
If oil prices continue to gain technical momentum after falling into the bear market, the market next week can expect a range of recovery, at least accumulated around the support level of 900 points. In general, on Friday, psychologically, there were no technical changes, the market still fluctuated around the accumulation of low liquidity.
Can recover (increase)
(FPT-FPTS Securities Company)
We leave the possibility that the market will recover in the next week. Targets close to 915 – 917 points. The ability to recover further will be reevaluated and depends greatly on the dynamics and durability of cash flows on the market.
(BIDV Securities Company – BSC)
Investor sentiment remained weak because liquidity remained low and foreigners remained net sellers. Investors must monitor market information about breakeven developments and pre-Sino-US trade negotiations ahead of the G20 meeting.
Reject this week (down)
(Ho Chi Minh City – HSC Securities Company)
Although there seems to be an increase among stocks, this does not create sustained momentum. And HSC believes that the market is likely to fall back early next week.
Hold attention points (Neutral)
(Viet Nam Securities Joint Stock Company – VNCS)
Friday's rally was not strong enough to make a breakthrough. However, an impressive rise in HNX also showed that the correction tended to be downward, and several stocks appeared in place. With such developments, VNCS will prefer to open a number of exploration and purchase positions with a small share.
Request challenged (increase)
(Viet Capital Securities Company – VCSC)
The VCSC sentiment improved, but the signal was not strong enough to attract demand to the market. Therefore, it is very likely that on the next trading day, demand will continue to make efforts to challenge resistance levels such as 905 VN-Index, 880 VN30 or 103.5 points HNX-Index. If we can close above this resistance, the market will signal a better rally and that's when investors can consider increasing their stock exposure.
Active may be longer (increase)
(Viet Dragon Securities Company – VDSC)
The market appeared after 3 consecutive losing sessions. Bank and Petroleum shares play a major role. Many penny stocks and midcap continue to attract cash flow. We still see a lot of large stocks such as VIC, VHM, VRE, NVL, VNM … However, we can see that the flow of money on weekends is quite strong after many sessions were pressed. Positive possibilities will continue in the coming session.
High systemic risk (Neutral)
(KIS Vietnam Securities Joint Stock Company – KIS)
Apart from a successful reversal, systematic risk remains high because the VN-Index approaches the old bottom in October 2018, around 880-890 points. During a large period, the upward trend is still valid. Therefore, investors must be careful and wait for market stability before the action.