My first week exceeded 507 index will jump to 515 markers on 21 7

My first week exceeded 507 Index will jump to 515 markers on 21 / 7

10:52:59 | 19/07/2010

VN-Index last week around the 5 point range ( 497.16 to 512.81 ) with matching volume 202.919 million shares for a week , an average of 40.583 million shares / sessions .
Technical models last week signaling the market is in accumulation phase , the session fell into a buying opportunity . Currently, only some are experiencing significant levels of short-term drag of about 506-507 (the range between the Bollinger Bands ) , if the VN-Index in ranges above 507 2-3 sessions , the ability to asymptotic levels are very close to 515 . Written this week that the market will be able to conquer the 515 milestone .

Trading volume speak of?

Last purchase volume ( millions ) Volume of sales order

16 / 7 96.525 78.842

15 / 7 80.563 78.920

14 / 7 86.801 103.729

13 / 7 84.894 71.794

12 / 7 62.168 50.837

Observer , can see volume increases from the first order last week to week , day 16 / 7 pretty much purchase volume , the highest since 24 / 6 (volume purchase approximately 104 million shares ) , this show was very smart buyer , buy to accumulate gradually, not in a hurry to buy up session , ie the market is in the process will increase the points accumulated in the next 1-3 sessions . Sellers increases from week to mid week but then seemed to stand still last week . On 14 / 7 , a strong seller - this is the pressure on profit rather than flee , the market has to absorb this amount of stock , profit pressures will weaken in the next session if the market turns little and walked .

Trading volume for the week before we know the market moves to consolidation measures mild , good stocks have accumulated profits mutation information , is important to choose stocks . The market does not reduce the depth of less than 500 in this round .

Technical models forecast no price break Congratulation strong current , the immediate need to exceed 507 , and prices above this level > 2 sessions - conditions for the VN-Index exceeded 515 .

On 16 / 7 , appears rose candle , hollow , about three points ( 514-517 ) had the ball under the ball on a little longer , match volume 43.141 million shares , higher than the average match of the week ( 40 million shares ) , the signal for the first week in excess of 507 is high .

Aroon Up (10 version ) has been decreasing from the value of 100 ( on 14 / 7 ) to value 80 ( on 16 / 7 ) in 2 days 20 reduction . But still lying on the value of 70 , the forward price signals are still very close higher again if the Aroon Up (10) greater than 70 . This is also when Aroon Down (10 version ) is decreasing and touching the value 30 ( on 16 / 7 ) , reduced ability to 30 high , this signal for the lowest rates are at the VN-Index Current remote .

Indicator MACD signal line was cut up , but going up slightly weak level by slight market fluctuation and cumulative , but if the MACD is still above the signal line , signaling the market is still up points . PS MACD Histogram is still up slightly through each session , at a value of 0.42483 on 16 / 7 even though the market mitigation and walked PS MACD Histogram is still up slightly .

Written Fibonacci Zones tool that predicts the price will jump to the VN- Index on 21 / 7 . VN-Index will encounter resistance at 512 Street . If fast , VN-Index will exceed 512 before the block 21 / 7 to look forward to mold 515 , otherwise the price will hit 512 on 21 / 7 . This depends on the increase of the week ( 19 / 7 ) .

Source: vinacorp.vn