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