DKNG Trade on Nov 3, 2020 09:31 from Cklamb: Tradervue User Stock Trades.

DKNG
Intraday Fundamentals
• This is finally looking like it has found a temporary bottom with 35 being the support level that looks to hold
• Some short interest has come out of this name
Technical Stats
ADV 24.1, RVOL .74 ATR 3.22 Short 6.68% Inst Own 48.70
Daily

Hourly

Intra

Trading Strategy
• LONG 36 and be ready to hold for weeks
• 36.50 if it breaks and holds at the morning, do not start as heavy here
Reading the Tape
I read it badly.
Trade Management
Trade Notes
I played this to break out this morning. There may have been a bit of FOMO on this due to a longer term bias. This was a good loss considering there was support at VWAP and the PM low. it did not help that I was on the wrong time frame when I traded this when it came to picking where I would get out.