Structure 15min KDJ Golden Cross Indicates Bullish Momentum

Based on the 15-minute chart, the Structure has triggered a KDJ Golden Cross and a bullish Marubozu at 09/30/2025 12:00. This indicates a shift in the momentum of the stock price towards the upside, suggesting a potential increase in the stock's value. With buyers controlling the market, bullish momentum is likely to continue.

The Vietnamese stock market has been experiencing a significant surge in investor enthusiasm, with the benchmark VN-Index rising by 31.6% year-to-date, outpacing regional peers IPO sugar rush sweeps Vietnam as bets on stock market upgrade build^[1]. This bullish sentiment is primarily driven by a wave of initial public offerings (IPOs) led by the country’s major brokerage firms aiming to raise at least US$1 billion. Techcom Securities (TCBS), which recently completed its public stock sales, fetched a record valuation and was oversubscribed, highlighting investor enthusiasm for the sector poised to benefit from the Vietnamese stock market’s potential upgrade to emerging-market status this October IPO sugar rush sweeps Vietnam as bets on stock market upgrade build^[1].

Following the successful IPO of TCBS, other brokerages are also rushing to offer their shares to the public between Q4 2025 and Q1 2026, capitalizing on robust domestic demand despite strong foreign sell-offs IPO sugar rush sweeps Vietnam as bets on stock market upgrade build^[1]. This market activity suggests that investors are optimistic about the potential upgrade and the sector's growth prospects.

In another significant development, Spotify Technology S.A. (SPOT) stock experienced a decline of over 2% in the early premarket session on Tuesday after Goldman Sachs downgraded the stock to 'Neutral' from 'Buy' Why Spotify Stock Is Slipping 2% In Premarket^[2]. The research firm, however, increased its price target to $770 from $765, indicating a balanced risk-reward scenario. Analysts believe that investors are pricing in Spotify's forward growth, with the company expected to report earnings per share (EPS) of 1.98 euros ($2.33) and revenue of 4.23 billion euros for the third quarter Why Spotify Stock Is Slipping 2% In Premarket^[2].

The latest sentiment analysis on Stocktwits shows a deterioration in retail sentiment toward Spotify stock, moving from 'neutral' to 'bearish' (39/100) by early Tuesday, despite a rise in message volume Why Spotify Stock Is Slipping 2% In Premarket^[2]. This suggests that while there is interest in the stock, investors are cautious about its forward growth prospects.