Vietnamese stock gauge breaks through barrier after rally: chart

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Vietnamese stock gauge breaks through barrier after rally: chart

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Vietnam’s benchmark VN Index topped its 200-day moving average on Monday, a trading pattern seen by technical analysts as a bullish sign. The last time that happened, on Oct. 6, the stock benchmark surged more than 5 percent in a month. The Vietnam measure has rallied 11 percent from this year’s low on Jan. 21, wiping out earlier losses for 2016, as the government’s forecast for the fastest economic growth in almost a decade drew investors.

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