Shared by
Cklamb
DKNG
Intraday Fundamentals
• I did need to hold the long I got under 41 yesterday
• Technical play- bounce
Technical Stats
ADV 22.85 M RVOL 1.66 ATR 3.75 Short6.73 Inst Own 48.50%
Trading Strategy
• Start looking long at 42.50 on this start bigger this time add at round levels
• Intraday resistance plays if this trends down this morning
I do not have a label for this. I really think my longer term bias got me taking this long as the PM Low even though it had already given it up with some momentum. I do know that I did catch the stall of the tape on the add. would also notice a larger set of offers in the upper 80s allowing me to get small. I would take the last off instead of add to that though which was the overall plan on this that I did not stick to.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-10-23 09:41:54 | DKNG | buy | $42.690 | long |
| 2020-10-23 09:43:36 | DKNG | buy | $42.440 | long |
| 2020-10-23 09:47:09 | DKNG | sell | $42.802 | long |
| 2020-10-23 09:47:59 | DKNG | sell | $42.895 | long |
| 2020-10-23 09:51:59 | DKNG | sell | $42.450 | 0 |
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