DKNG Trade on Nov 3, 2020 09:48 from Cklamb: Tradervue User Stock Trades.

Gravatar

Shared by
Cklamb

 

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.

This was a great trade. I planned on adding in and working this until it found a morning HoD. It gave me a solid add below that at .49. I needed to be at tier one when I started this though even if I enter thinking that I am scaling in. However, I did think there was a chance that I would have to add up to 38. I held the runner until target at VWAP. Although, I got filled on the quick bounce.


Execution detail:

Date/time Symbol Side Price Position
2020-11-03 09:48:21 DKNG sell $37.285 short
2020-11-03 09:48:57 DKNG sell $37.370 short
2020-11-03 09:50:01 DKNG sell $37.490 short
2020-11-03 09:51:05 DKNG buy $37.230 short
2020-11-03 09:52:15 DKNG buy $37.215 short
2020-11-03 10:05:54 DKNG buy $37.060 0


Leave a comment about this trade!

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!

View plans, Sign up for free, or Log in