DKNG Trade on Oct 30, 2020 10:32 from Cklamb: Tradervue User Stock Trades.

DKNG
Intraday Fundamentals
• Sports uncertainty, lull in betting and deep pull back from ATH
• Tight spread, Good ATR
• Market influenced on the downside
Technical Stats
ADV 23 m RVOL .83 ATR 3.34 Short 6.75% Inst Own 48.7%
Daily

Hourly

Intra

Trading Strategy
• Look long at 35 if this sells off again today
• PM range and corresponding vwap long or short
• There should be a longer term bounce here on this. Something that should run back into 42.50ish
Reading the Tape
I see things sometimes that are not there when I am working half and quarter point levels.
Trade Management
This was a better set up than working this off 36.50. Mainly because I waited for the support of the SMA. It was a time of day that can see some retest of VWAP. I stayed with the tape to see if it could hold 36.40. This had to give me the idea that I was in the wrong spot early. But, I cannot remember what I saw to get me out of this trade.