In the face of macroeconomic uncertainties and the long Lunar New Year holiday, the VN-Index is still moving in an upward trend with doubts, low liquidity and a lack of leading stocks to create strong growth waves. Cash flow continues to circulate into industry groups and differentiate between stocks.
The stock market recovery trend is still not strong enough, but selling pressure has shown signs of slowing down after the previous week's gains.
Therefore, investors are still expecting the domestic stock market to continue to recover in the coming time. However, caution should still be exercised as fluctuations are still the main trend in the last trading week before the Lunar New Year holiday.
Analysts are generally optimistic about the market trend. Accordingly, with the VN-Index gradually approaching the strong resistance zone of 1,245 - 1,260 points, along with positive signals from the quantitative system, it contributes to strengthening expectations for a stronger breakthrough in the coming period. These positive signals come from both improvements in capital flows and the performance of pillar stocks.
However, the context near Lunar New Year often comes with specific trading characteristics, including decreasing cash flow and cautious investor sentiment. The psychology of taking short-term profits and minimizing risks before a long holiday makes the probability of a breakout session more limited.
This requires investors, especially those participating in short-term trading, to maintain a cautious strategy and not follow the FOMO (fear of missing out) mentality when the market experiences strong increases.
In recent trading sessions, the market has shown significant resilience thanks to the focus on industry groups with distinct growth stories such as technology, ports and logistics, construction and building materials (supported by public investment projects).
However, pillar industries, including banking, securities, real estate, and consumer goods, still play an important role in maintaining stability and leading the market.
For leading cash flow stocks such as technology or construction materials, although still the center of attention, investors need to carefully assess growth potential.
Analysts warn that with the general market showing signs of limited short-term growth, the risk of price adjustment for these stocks cannot be ruled out, especially for those that have increased rapidly in recent times.
In short, the market is in an important transitional phase with both opportunities and risks. Cash flow is focused on industry groups with clear growth momentum, but caution in trading should be placed on top.
With support from stable capital flows and positive prospects from major sectors, VN-Index is likely to continue challenging strong resistance levels in the coming time. However, investors need to carefully consider portfolio management, especially avoiding overly speculative transactions.
