News

Release Time: 10:00 AM, April 18, 2025
Publisher: Ms. Jenny

MARKET OVERVIEW

1. Stock Market:

• Vietnam Market:
  The market continued to correct during the session but found support at the 1,200-point level and subsequently recovered. Lower liquidity compared to the previous session indicates that selling pressure is cooling down, while buying interest still shows efforts to support the market. Support signals at this level are opening up the possibility of ending the correction phase and initiating a recovery in the near future. The market is expected to retest the supply-demand zone around 1,240 – 1,265 points, near the 200-day moving average (MA200).

• US Market:
  On April 17, US stock markets were mixed. The Dow Jones dropped sharply by 1.3% due to a plunge in UnitedHealth stock, while the S&P 500 inched up 0.1% and the Nasdaq dipped 0.1%. Pressures stemmed from rising healthcare costs, new tariff policies, and cautious remarks from Fed Chair Jerome Powell regarding inflation risks. For the week, all three major indexes declined, reflecting concerns over economic instability and monetary policy uncertainty.

2. Forex:
Low market liquidity today due to the Bank Holiday, limiting trading activities.

3. Gold:
The market is closed today. Overall trend remains bullish.

4. Oil:
The market is closed today. Overall trend remains bullish.

5. Crypto – BTC:
BTC/USD maintains a bullish trend. Buying opportunities may be considered today, with support at 84,500.

TRADING OUTLOOK

1. Vietnam Stocks – VNM:
Recommendation: WAIT TO BUY VNM (April 18, 2025)
Entry Price: 55,100 – 56,000 VND
Target 1: 60,000 VND
Target 2: 64,000 VND
Stop-loss: 53,400 VND

2. BTC/USD:

• Trend: Bullish

• Recommendation: Buy on breakout above 85,463

  • Stop-loss: 84,463

  • Take-profit: 87,463

KEY EVENT TODAY

Bank Holiday

DISCLAIMER

• The above analysis reflects the personal opinion of analyst Jenny from Lotus and is not a recommendation for actual trading.

• Lotus provides technical trading analysis and trading education for students only.

• Lotus does not represent any securities firm or asset management company.

• Lotus does not manage students' funds.