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VCSC Daily - Market rebound from support a positive sign

Market rebound from near support is positive signal. The VNIndex fell 7-points to 424.43 just 0.2% from the support but bounced back signalling a positive sign. The index regained ground in the afternoon and finally managed to close the week staying in the green right before the close. Conversations with brokers suggested retail investors came in towards the intraday bottom with settled T+4 money from closed out positions at the start of the week. More retail money may come back into play next M