Considered as a relative weakness of the stock
Updated
The reason to get in was that the stock was performing relatively weak to other stocks from the banking sector and market in general, longterm downtrend on the daily chart and approaching the previous day low (which wasn't broken eventually). Stop loss based on intraday's high formed not long after opening. Profit target around November 7 lows.
(Posted post-factum)
(Posted post-factum)
Trade closed: stop reached
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