RM2.76
Buy on Dip AFG & AMMB
Revert to Buy on Dip banking stocks on further correction toward their middle or lower Bollinger bands, where firmer buying support should emerge to restrict downside. Banking stocks on focus today are AFG and AMMB, which should dip toward their lower Bollinger bands before more significant buying support returns. As for lower liners, continue to buy on dip rubber glove makers Adventa, Latexx and Supermax for recovery ahead.
AFG chart : click to enlarge
TRADING VIEW: BUY ON DIP FOR REBOUND towards: RM2.90/3.00
Stop Loss: Below RM2.50 (SL)
source: TA securities
