Broker Name: CGS International
Date of Report: February 20, 2026
Excerpt from CGS International report.
Report Summary
- CGS International’s Trendspotter highlights Oiltek International Ltd as a technical buy, citing a bullish uptrend with multiple technical indicators supporting further upside after a price correction.
- The report notes a stable positive outlook for China’s Internet Services sector, especially music streaming, with NetEase Cloud Music (NCM) as the top pick despite competitive and regulatory challenges.
- Key global market risks include heightened geopolitical tensions in the Middle East, which have pushed oil prices higher and increased investor caution.
- The report provides detailed technical levels for Oiltek (entry, support, resistance, stop loss, and target prices), emphasizing the continuation of its uptrend based on chart and momentum signals.
- Disclosures cover regulatory jurisdictions, disclaimers, and CGS International’s potential interests and relationships with covered companies.
Above is an excerpt from a report by CGS International. Clients of CGS International can be the first to access the full report from the CGS International website: https://www.cgs-cimb.com
