Vietnamese Stocks Flash Technical Warning After Rally: Chart

A rally that powered Vietnamese stocks to a 2008 high on Wednesday sent the benchmark’s 14-day relative strength index above the 70 mark that some technical analysts say indicates overbought levels. The benchmark has gained eight days in the longest winning streak since 2014. The last time its RSI crossed 70, on July 13, the index retreated more than 7 percent in less than a month.

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