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Sunday, February 22nd, 2026

Oiltek International Ltd Technical Buy: 2026 Singapore Retail Research & Market Outlook Summary

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

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