BSC_Daily report 03.03.2015_Rally appeared in most stocks

We believe that the market will continue to rise on tomorrow based on the following reasons: (1) Foreigners keep net buyer position consecutively, and their net buying is increasing, (2) the convergence of the market is clearer as more stocks rallied (instead of only bank group), they are the group of real estate, construction materials, mining, ..., (3) in terms of technical analysis, the VN-Index and HNX-Index closed at the highest point of the day came along with the liquidity surge, a pretty clear signal of breaking point. However, we also note that the index has not broken the short term peak. Investment

Recommendation

Short-term investors should consider open long position for the shares has not increased too much, that belong to the sector are mentioned above. Investor should limit to chase the high prices because the market is testing the short term peak.

Medium and long term investors: continue to accumulate more fundamental shares, can apply the strategy to purchase the stocks as momentum those are available in the portfolio.