Broker: CGS International
Date of Report: April 7, 2026
Excerpt from CGS International report.
Report Summary
- Idea of the Day: MSCI Singapore Index – Limited upside expected. Resistance at 460.00 pts is tough; correction likely before rebound. Long-term target: 482.00 pts.
- NIO Inc: Technical Buy. Bullish continuation confirmed. Entry Price: 6.40, 5.78, 5.23. Target Prices: 8.00, 10.30, 13.09, 16.00. Stop Loss: 4.90. Actionable: Add to technical buy position.
- Valuetronics Holdings Ltd: Technical Buy. Uptrend continuation strong. Entry Price: 0.915, 0.880, 0.800. Target Prices: 1.10, 1.28, 1.35, 1.80. Stop Loss: 0.750. Actionable: Buy on breakout above resistance.
- Seatrium Ltd: Technical Buy. Sustained rally expected. Entry Price: 2.45, 2.33, 2.18. Target Prices: 3.00, 3.20, 4.08, 6.00. Stop Loss: 2.02. Actionable: Buy as bullish trend continues.
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