DKNG Trade on Nov 4, 2020 10:23 from Cklamb: Tradervue User Stock Trades.

DKNG
Intraday Fundamentals
• UGH
• BZ: DraftKings shares are trading higher following a report suggesting more states have legalized sports betting.
Technical Stats
ADV
Daily

Hourly

Intra

Trading Strategy
• 38.50 and 38.71 to start a long here work it the best you can and stop at 36 think longer term here
Reading the Tape

NO
Trade Management

Trade Notes
I started this looking for the bounce at the top of the opening range. This is a debatable entry I think and not an entry that I look for often. Hindsight shows that working the PM would have been better. A spike to this level and a retake of the longer term level I had below 40 would have made sense. I am still thinking that there needed to be more patient here and wait for 39.60 to start this as PM high trade. The adds made sense on this and the tape did help with the final two add at 39 ish. I would like to have sat through another 8 cents on the first partial and maybe needed to take more off with the failure on the tape at .75. I did get a little sized up on this one. I was a little more on edge than I would like. This was a good push of my limits. I do need to not push quite this much though.