Broker: CGS International
Date of Report: April 29, 2026
Excerpt from CGS International report
Report Summary
- Idea of the Day: FTSE ST Catalist Index
– Minor correction expected at 224.00 pts.
– Key support at 213.00 pts; likely rebound if support holds.
– Long-term target: 300.00 pts.
– Triple top formation risk considered unlikely.
- United Overseas Bank Ltd (UOB): Technical Sell
– Action: Sell on correction.
– Entry: 35.96, 36.60
– Target Prices: 34.55, 33.05, 32.17
– Stop Loss: 37.32
– Technicals: Correction unfolding, bearish signals confirmed. Bearish trend viewed as corrective, not long-term reversal.
- H2G Green Ltd: Technical Buy
– Action: Buy
– Entry: 0.014, 0.009
– Target Prices: 0.027, 0.030, 0.034, 0.043
– Stop Loss: 0.005
– Technicals: Strong bullish reversal confirmed, long-term downtrend broken. Multiple bullish indicators support upside potential.
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/