PETALING JAYA: Investors should adopt a two-pronged strategy made up of rotational plays on sectors and bottom-up stock-picking in this current market environment. “We believe the upside is capped, as the expectations of a broad-based economic recovery seems priced in, while the downside continues to be supported by bottom-fishing activities. “A ‘buy’ at the support level and ‘sell’ at the resistance level approach could thrive,” it added. RHB, which is known for its annual “Small-Cap Jewels” launch that reveals a list of its top stock picks, will launch its 2022 Small-Cap Jewels soon, the research house said. It noted that the rallies of its selected stocks were shortlived in 2021, and their subsequent performances were dragged down by an overall lacklustre market.
