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VCSC Daily - 2012 ended with hope

Market Commentary

28 Dec 2012

Technical comment. We maintain our view that the markets may correct after a long winning streak, particularly for the HNI as it is still confronted with strong correcting pressure at the resistance of the 100-day average line. Therefore, investors should wait for the buying point triggered during next week's correction. We expect the correction to last until the end of next week, especially on penny stocks on the HNX.

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