New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 30, 2013
15:28 EDTVNMMarket Vectors Vietnam ETF breaks above recent resistance
The ETF has broken out above resistance at the $22 area. This had been prior support in 2010, and more recently has been resistance. There is a bullish pennant that is active on the daily chart, suggesting there could be upside to the $26 area over time. That would be roughly where the ETF dropped off sharply in price in May 2011. Vietnam has become a focus for some hedge funds in recent months as having better growth prospects than other regions.
News For VNM From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
There are no results for VNM

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use