AFFIN consolidating for the next jump?

AFFIN has been trading at a volatile range between 1.9 and 2.68 for the past 3 weeks...with M&A potential hovering around the stock and now the abolishment of the RPGT which indirectly will benefit the banking sector in the long run...question is, will AFFIN be one of them?...i personally believe that AFFIN will benefit substantially from the 'side effects' of the 9mp and the goodies reveal by the Government for the property sector....without doubts the invest malaysia conference does inject confidence in foreign investors and reaffirm the Government's effort in attracting more FDI into our country. The feel good factor is also slowly picking up and given the likelihood of election coming in the near term, retail investors in general are expected to ride the bullish sentiment and jump into the market....now back to the chart, should AFFIN manage to hold it's support level at $2.30 which i believe is well supported, the stock will break it's high of $2.68 and eventually touch a all time high of $3.00 once the bull return.
Well the price/NTA is currently at 0.8417 and is deem very undervalued to me. Just watch out this stock.