Bullish Circuit For VFS

VinFast Auto is building strong bullish momentum, with a gap forming around the $4.00 level. A breakout above the $6.42 resistance would confirm further strength, positioning the stock to target the $8.78 monthly resistance. This trade setup offers an excellent risk-to-reward ratio, with downside risk managed via a stop-loss at $3.15.

As a growing player in the electric vehicle (EV) market, VinFast is well-positioned to benefit from increasing global demand for sustainable transportation. The company’s focus on innovative EV designs, expansion into international markets, and strategic investments in production capacity bolster its long-term growth potential.

This combination of technical momentum and VinFast’s growing presence in the EV market supports a bullish push toward $8.78, making it a compelling opportunity for traders and investors.

VFS