DKNG Trade on Dec 10, 2020 09:30 from Cklamb: Tradervue User Stock Trades.

DKNG
Intraday Fundamentals
• Tech trader, tested 47 his a few day and spiked before a market sell off yesterday before closing near the LoD
Technical Stats
ADV 28m RVOL 1.31 ATR 3.09 Short 7% Inst Own 46.7%

Trading Plan
• short an opening test of VWAP for a scalp into 47.50
• If this continues to flush the 47.50 level think short until 45.75 and a longer term pull back into 44
• Intraday resistance longs after basing set ups
Reading the Tape
I was able to catch a stall on a spike at the open. This stall would help get this shorted above both a pivot point from the prior day as well as VWAP
Trade Management

Trade Notes
I took this as a VWAP resistance play expecting the PM trend heading into the open. I planned on limiting in at VWAP but the tape was strong as it hit and I held for the stall on the tape that happened around 48.50. This let me take some off at 20 cents. This would work against me after that for a while. I was not prepared enough to add it at this point and missed raising the cost average at the PF close or gap fill. However, this did let me hit target plus a little as it flush below 48 and stalled.