News

Release Time: 10:00 AM, May 6, 2025

Released By: Mr. Leon

MARKET OVERVIEW

1. Stock Market: - Vietnam Market:

The market continues to maintain a balanced state above the MA(20) line, indicating that capital flow is still supportive and selling pressure is not too strong. Although liquidity has not improved significantly, the overall trend remains positive with the potential for price increases after a period of accumulation around the support zone. It is expected that in the near future, the market may continue to recover, heading towards the next resistance zone around 1265 points – where the MA(100), MA(150), and MA(200) lines converge.

- US Market:

The US stock market slightly declined on May 1, 2025, after a prolonged rally, as investors worried about trade tensions and interest rate prospects. The Dow Jones closed at 41,218.83 points, down 0.24%; the S&P 500 lost 0.64% to 5,650.38 points; and the Nasdaq fell 0.74% to 17,844.24 points. Additionally, the sharp drop in crude oil prices and news that Warren Buffett will step down as CEO of Berkshire Hathaway also contributed to increased selling pressure.

2. Forex - USD/JPY:

The main trend is bearish, today trading opportunities for short positions, daily resistance: 144.232

3. Gold:

- Strongly increased to $3,382.4 per ounce, up $63.4 per ounce compared to last night. - Reason: The weakening US dollar and increased safe-haven demand boosted global gold prices.

4. Oil:

- XTI/USD:

The trend is bearish, today trading opportunities for short positions, daily resistance: 58.20

5. Bitcoin:

Trading around $94,397.43, down 0.09% in the last 24 hours.

TRADING PLAN RECOMMENDATIONS

1. USD/JPY
- Trend: Bearish

- Recommendation: Sell at 143.668, Stop Loss: 144.068, Take Profit: 142.868

2. Vietnam Stocks: DGC

- Trend: Bullish

- Recommendation: WAIT TO BUY DGC (May 6, 2025), Entry Price: 92,000 - 94,000 VND, Target 1: 100,000 VND, Target 2: 106,000 VND, Stop Loss: 89,400 VND.

NOTABLE EVENTS TODAY:

- 14:15 - EUR: Spanish Services PMI

- 16:00 EUR: PPI m/m

DISCLAIMER

- The above comments represent the personal opinions of Lotus analyst Leon only and are not a basis for actual market participation.

- Lotus only provides technical trading analysis and trading knowledge training for students.

- Lotus does not represent any securities company or asset management company.

- Lotus does not accept student funds for management.