In stock market, is very important to know what the stages the stock currently in. Different stage will apply different strategy. We always look for STAGE 2 stocks as they are lesser risk and lesser waiting time.
GREATEC experience stage 4 for almost 1 year due to bad sediment in technology sector in 2022.
Technology sector is recovering end 2022 and GREATEC is one of the earliest that enter Stage 2 among all the technology counters.
Current setup looks good and you can consider to hedge your portfolio with Technology counter.
Disclaimer: Information presented here is not intended to be used as the sole basis of any investment decisions nor should it be construed as advice designed to meet the investment need of any investor. Trade at your own risk.