VCSC Daily - Trading enlightened by foreign activities
Technical comment. We think that the markets may correct tomorrow when it is faced with increasing profit-taking pressure on penny tickers and some blue-chip tickers, which have soared recently. Particularly, the VNI will have to face the strong resistance of 390 tomorrow. Therefore, investors should consider reducing allocations to penny stocks and wait for the correction in the next two or three sessions or consider disbursing into blue chips tickers again, which are consolidating.