Yesterday, GREATEC reported solid earnings, with QoQ profit and revenue growth. The stock opened with a 3% gap up, touched a 7% increase, but eventually closed down 1.63%, leaving many traders confused.
💡 Here’s My Take:
1️⃣ Short-term market movements are not always logical – Stock prices don’t always reflect their true value immediately. No need to overanalyze every move.
2️⃣ Weak macro sentiment in Malaysia – Today 304 stocks were down while only 1...