DKNG Trade on Dec 10, 2020 09:38 from Cklamb: Tradervue User Stock Trades.

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Cklamb

 

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
NA
Trade Management
image

Trade Notes
This was the follow to the prior trade. I was looking for this to start a minor trend down and had both VWAP and PD low. This was not a bad setup. I should have set a stop on this as this was a pretty weel defined set up and a break of the early high was where I was wrong and should have stopped out when it broke instead of adding. I did have this worked back to break even due to the add at 49. But, I tried to work the last bit back into VWAP before it would finally take me out of the trade at what I could have stopped out for.


Execution detail:

Date/time Symbol Side Price Position
2020-12-10 09:38:53 DKNG sell $48.390 short
2020-12-10 09:40:42 DKNG sell $48.795 short
2020-12-10 09:41:57 DKNG sell $49.030 short
2020-12-10 09:43:22 DKNG buy $48.809 short
2020-12-10 09:43:37 DKNG buy $48.720 short
2020-12-10 09:45:35 DKNG buy $49.115 0


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