VCSC Daily - Profit-taking triggered at 610 resistance level - PMI - PLC
Profit-taking triggered at 610 resistance level. The market opened strong in the early morning but quickly glanced off the nearest resistance at 610 points amid a large amount of profit taking transactions. Major index movers like VIC and VNM saw a slight depreciation in price given last week’s impressive performance. Meanwhile, BVH notched a significant 3.3% decline, being today’s top laggard.