SGX - bullish divergent on weekly chart

SGX (SGX:S68)  
There is a bullish divergence on the weekly chart (price made a higher low while stochastic made a lower low). This increased the odds of a rebound soon. I will look to trail my stops along fib levels from 50% to 61%, ie a small target about 5% over the next few weeks. I will place my initial stop loss a few cts below the recent low of 7.22
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