Daily/Weekly Report

After selling to reduce the proportion in the previous span, investors are recommended to consider reopening part of the short-term positions when the market corrects to the mentioned support area.

Investors are recommended to reduce the proportion of short-term positions in case the market can recover according to the above positive case. They should only open new positions and raise stock proportion when the market corrects to around the mentioned strong support level.

Investors are recommended to reopen a part of the positions and gradually increase their stock proportion when the market corrects to around the mentioned strong support area.

In the scenario that VN Index overcomes the resistance, investors are recommended to wait for short corrections, around the close support area of the target stocks to accumulate and gradually increase their holding proportion.

With a fairly balanced trend, investors are recommended to maintain a low holding rate in dominant stocks during the differentiation process. In a positive scenario, if the VN Index breaks out of the key resistance around 1000 points, an increase in the stock proportion can be made in next correcting spans.

Investors are recommended to take profit from a part of short-term portfolio which has disbursed in the sessions before VN Index approached this resistance area; and temporarily lower the proportion of the total portfolio to a safe level before waiting for the next signal.

Investors are recommended to limit opening new buying positions, and only focus on trading with better-than-average stocks in the process of divergence with a low proportion of portfolio.

Investors are recommended to continue buying a part of short-term positions for the target stocks that have returned to the short-term support areas.

Investors are recommended to limit short-term trading activities, only maintain a part of the portfolio with better-than-average stocks in the diversification process and target stocks for the medium-term position when the market goes back to the remarkable support areas around 940-945.

Investors are recommended to follow the movements of the CNY exchange rate and movements from the US to be flexible in trading. We believe that the market sentiment will still be negative in the next week, but partly eased thanks to the expectation that Fed will continue to lower interest rates in September. Besides, the decline of the general market in the recent 2 weeks has partly reduced the pressure of profit-taking after the 4 consecutive gaining weeks in July.