FPTS Investment Recommendations on December 10, 2018
Technically, the slight decline on December 10 was not enough to fuel up concerns as underlying supports remain effective. However, based on supply-demand correlation, more pressure seemed to come from sellers. In particular, signs of selling forces among major banks such as VCB, BID and CTG will need to be taken into account as this is likely to affect the index. Even current outperformers like oil and gas, food and beverages also face late selling pressures when their prices look up.