Broker Name: CGS International
Date of Report: April 23, 2026
Excerpt from CGS International report.
Report Summary
- Idea of the Day: The FTSE ST Catalist Index is testing a major resistance at 224.00 points. The major early uptrend remains intact, and a strong break above 224.00 is expected. The probability of a triple top formation is considered unlikely. If a correction occurs, 209.00 points is expected to act as support.
- Actionable Technical Call: Yanlord Land Group Ltd – Technical Buy
- Entry Price(s): 0.680, 0.610
- Support Levels: 0.610, 0.556
- Stop Loss: 0.550
- Resistance Levels: 0.785, 0.870
- Target Prices: 0.870, 1.00, 1.24, 1.60
- Key Insights:
- Bullish reversal is ongoing for Yanlord Land Group Ltd.
- Technical indicators support further upside, including a cup and handle formation, bullish Ichimoku crosses, MACD above zero, and strong volume expansion.
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/sg/en/
