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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, …
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