BSC_Daily report 24.02.2015_Positive open in the New Lunar Year_CPI reduce in February

The market today has received great support derived from the strong buying of foreign investors in the context of low liquidity. Because the ETFs performance are now quite positive, it is likely that foreign investors will maintain their net buying in the next few days and therefore effect positively on the market. However, the VN-Index is now quite close to its 600 pts strong resistance, the market advancing momentum can slow down gradually, but a strong correction is believed hard to happen unless the foreign investors suddenly stopped their buying.

Recommendation

Consider taking profit stocks which have strong rallies, while still able to continue holding stocks not increased much.