Should You Buy VinFast Auto Ltd. (VFS) After Golden Cross?

Core Viewpoint - VinFast Auto Ltd. (VFS) is showing potential for bullish movement due to a recent technical indicator known as a "golden cross" [1] Technical Analysis - VFS's 50-day simple moving average has recently crossed above its 200-day moving average, indicating a potential bullish breakout [1] - A golden cross typically follows a downtrend, where the shorter moving average crosses above the longer moving average, signaling a trend reversal [2] Recent Performance - VFS has moved 12% higher over the last four weeks, suggesting upward momentum [3] - The company currently holds a 2 (Buy) rating on the Zacks Rank, indicating positive market sentiment [3] Earnings Expectations - There have been two upward revisions in earnings expectations for the current quarter, with no downward changes in the past 60 days, further supporting the bullish outlook [3] - The Zacks Consensus Estimate for VFS has also increased, reinforcing investor confidence in the stock's upward trend [3] Investment Consideration - Given the significant technical indicator and positive earnings revisions, VFS should be considered for inclusion on investors' watchlists [4]