DKNG Trade on Dec 8, 2020 09:40 from Cklamb: Tradervue User Stock Trades.

DKNG
Intraday Fundamentals
• Technical trader. Tight spread, good ATR, liquid
• Pulled back to 47.50 yesterday and
Technical Stats
ADV 27 M RVOL .89 ATR 2.89 Short 7% Inst Own 46.7%
Daily
Hourly

Intra

Trading Plan
• Long an opening flush unless the VWAP opener sets up with time to work it
• Short 48 on a spike stop at .50 clear at 47
Reading the Tape
I can say the tape led to one or two entries here that worked well. Even
Trade Management

Trade Notes
A solid tape read long at the open. I had to market in missing my best entry with a little hesitation. I was looking to hold this one into VWAP or short of 47. The tape got a little weak and was not able to overcome .60 quick enough for me to feel it was a good spot to hold. I took off looking to long again at my original entry or better if possible. I would get this opening low trade a couple more times. The last of these left me 30 cents off the bottom of the day. I would not hold this trade until target for some reason. If giving this last trade the time I gave the short later in the day. I would have been able to walk away early in the day without any stress.