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Wednesday, May 6th, 2026

Singapore Stock Market Trendspotter: Technical Buy Signals for SIA Engineering & Marco Polo Marine (May 2026) 1

Broker: CGS International
Date of Report: May 5, 2026

Excerpt from CGS International report.

Report Summary

  • Idea of the Day: FTSE ST Catalist Index – Minor correction seen, but the major uptrend remains intact with 213 pts support and a possible strong rebound. Long-term target: 300 pts.
  • Technical Buy – SIA Engineering Co Ltd
    • Action: Technical Buy
    • Entry Prices: 3.30, 3.22, 3.08
    • Supports: 3.23, 3.06
    • Stop Loss: 2.90
    • Target Prices: 3.82, 4.20, 4.42, 5.00
    • Highlights: Major uptrend intact, bullish continuation expected, technical indicators point to upside.
  • Technical Buy – Marco Polo Marine Ltd
    • Action: Technical Buy
    • Entry Prices: 0.163, 0.146
    • Supports: 0.141, 0.118
    • Stop Loss: 0.110
    • Target Prices: 0.200, 0.260, 0.300, 0.620
    • Highlights: Major uptrend intact, bullish continuation likely, technical indicators support further gains.

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

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