DKNG
Intraday Fundamentals
• Technical trader, deep multi week sell off
• Medium term IPO set up
Technical Stats
ADV 23M RVOL 1.15 ATR 3.45 Short 6.75M Inst Own 48.7%
Daily
Hourly
Intra
Trading Strategy
Reading the Tape
There is not a lot that I saw that made a difference in my decisions.
Trade Management
Trade Notes
I played this as a support play a little different than I would normally. This was trending up heading into the open and looking like it was going to extend and I committed to taking this long at VWAP. This was ok as it did break the pm high before entering the trade. This did not stay strong. After taking a partial, I had to add a couple of times to get this in a situation where it stayed a winning trade. All the adds made sense adding in at PM levels or PD levels where some catch or bounce could be expected. I was looking for 39.20 on the last bit. But, I lost my patience.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-10-29 09:30:16 | DKNG | buy | $38.845 | long |
2020-10-29 09:32:13 | DKNG | sell | $39.090 | long |
2020-10-29 09:34:02 | DKNG | buy | $38.644 | long |
2020-10-29 09:42:42 | DKNG | buy | $38.295 | long |
2020-10-29 09:43:34 | DKNG | buy | $38.199 | long |
2020-10-29 09:45:02 | DKNG | sell | $38.480 | long |
2020-10-29 09:48:11 | DKNG | sell | $38.558 | long |
2020-10-29 09:55:29 | DKNG | sell | $39.077 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!