DKNG Trade on Nov 27, 2020 09:49 from Cklamb: Tradervue User Stock Trades.

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Cklamb

 

DKNG
Intraday Fundamentals
• DraftKings Teams with Triller to Become the Official Sports Betting Partner of Mike Tyson vs. Roy Jones Jr. Boxing Match
Technical Stats
ADV 27.7M RVOL .83 ATR 2.69 Short 7.65% Inst Own 46.60%

Trading Plan

Reading the Tape
NA
Trade Management

A solid tape read with some work put in on the tape top look for the rejection of 51.50 as this started to get extended above 52. An initial countertrend short. I did not have the intention of holding the short over 52.50. The trade worked right away. I was targeting 52. But, this gave me 51.17 or 20 cents on the trade and started to look stronger on the tape. So, shorted the trade and did not give it time to reach the target. I seemed a little anxious to take the profits and run partially due to being countertrend on this even the time of day warranted a little more in-trade patience.
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Execution detail:

Date/time Symbol Side Price Position
2020-11-27 09:49:06 DKNG sell $52.375 short
2020-11-27 09:49:48 DKNG buy $52.240 0


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