DKNG Trade on Nov 3, 2020 09:42 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.

I took this on a break into a new high and the break of the PM high. This had already tested the PM low and held well. It had also traded above VWAP and the SMA appearing to act like support on the tape. I added quickly as .40 started holding clearing a partial at 13 cents and giving me some room to work. I cleared one more partial after it rejected .95 and the last when it broke 37 and failed.