DKNG Trade on Nov 10, 2020 09:56 from Cklamb: Tradervue User Stock Trades.

DKNG
Intraday Fundamentals
• Technical trader looking for hold of 40
• Tight spread and decent ATR
Technical Stats
ADV 25.45 RVOL .83 ATR 3.10 Short 6.68% Inst Own 49%

Trading Strategy
• If this look to fail at 40 start looking to build a long into 39,
• If 40 holds look for an SMA support play as close to that level as possible
• Pm high as support if this breaks the PM high with strength
Reading the Tape
I do not believe that there was much on the tape entering the first set up off the PM low. However, I seemed clear on the tape when this stalled just above the 38.50 which was matching a opening pull back a couple of days earlier.
Trade Management

Nice trade... I needed to be bigger and not managing the P&L. I short at the level and took off at the test of VWAP. This is where have a full tier to start would have given me the opportunity to hold this for most of the flush.