It is possible to retest the historic peak in November 2021
VN-Index continued to struggle during the session and formed a Doji candlestick pattern. Middle line of Bollinger Bands is the nearest support of VN-Index. If maintaining this support level, the index might move to test the historic old peak of November 2021 (equivalent to 1,500 - 1,510 points).
The market indexes also decreased slightly in the session on December 15, 2021. Specifically, the VN-Index decreased slightly by 0.52 points to 1,475.5 points; HNX-Index dropped 0.98 points to 453.7 points.
Matching volume on HOSE reached more than 861 million units, down 5.83% compared to the previous session. Matching volume on HNX increased slightly by 4.31%, reaching nearly 113 million units.
Foreign investors were net sellers on HOSE with a value of more than 142 billion dong, net sellers on HNX with value of nearly 7 billion dong.
This period is considered as a period of little supporting information, so the movement of VN-Index in the trading session on December 15, 2021 did not have strong fluctuations. Most of the morning session, VN-Index just hovered around the reference level without a clear trend.
The trading volume showed a clear loss of breath compared to the explosion in liquidity in November 2021. At the end of the morning session, VN-Index only increased slightly by 2 points.
Entering the afternoon session, VN-Index suddenly turned down, but the deepest drop was only nearly 8 points. Towards the end of the session, the VN-Index narrowed its downtrend. Thanks to that, VN-Index ended the session down by only 0.52 points, down to 1,475.50 points.
