DKNG Trade on Nov 9, 2020 11:43 from Cklamb: Tradervue User Stock Trades.

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Cklamb

DKNG
Intraday Fundamentals
• Vaccine announcement should be lifting sports restrictions
• Less sport uncertianity
• Found a bottom at 35, 44 resistance has been tested and 43 has held since
Technical Stats
ADV 25.26 RVOL .71 ATR 3.11 Short 6.68% Inst Own 49%

Trading Strategy
• Long 43 and add at 41.50( this will take some patience)
• Use the pm range for a early VWAP or SMA Play.
Reading the Tape
Trade Management

I took the first part of this just poorly. I had the chance to take this at 42. This would have been a much better place to start this. I did work adds well and stayed patient with both adding and taking partial looking for the the test of VWAP. I was not patient enough however and was partially protecting a solid morning.

Execution detail:

Date/time	Symbol	Side	Price	Position
2020-11-09 11:43:07	DKNG	buy	$42.170	long
2020-11-09 12:03:53	DKNG	buy	$41.940	long
2020-11-09 12:03:53	DKNG	buy	$41.950	long
2020-11-09 12:10:59	DKNG	buy	$41.780	long
2020-11-09 12:14:48	DKNG	sell	$41.955	long
2020-11-09 12:28:22	DKNG	sell	$41.995	long
2020-11-09 12:55:38	DKNG	sell	$42.255	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=DKNG&trade=21105209&end=20201109160000&i=m60&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=DKNG&trade=21105209&end=20201109130138&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

DKNG Trade on Nov 9, 2020 11:43 from Cklamb: Tradervue User Stock Trades.

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