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      Tesla's Vietnamese Rival VinFast Flashes Golden Cross As EV Push Accelerates

      VinFast Auto Ltd. (NASDAQ:VFS) has flipped the script. After a sharp late-March rally that caught traders' attention, the EV maker has now flashed a Golden Cross—a bullish technical signal that's putting Tesla, Inc‘s (NASDAQ:TSLA) emerging Vietnamese rival firmly back on the radar.

      Chart created using Benzinga Pro

      Parabolic Move Sparks Breakout

      The setup follows a near-parabolic surge between March 18 and early April, where VinFast stock climbed rapidly on heavy volume.

      The move was driven by a mix of delivery momentum, expansion buzz in India and Southeast Asia, and a low-float, ...

      Full story available on Benzinga.com


      Source: Benzinga
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