DKNG Trade on Dec 10, 2020 09:58 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
Reding the Tape
This held 49.45 forever. I just did not hit in the threee or foru times that it rejected on the tape.
Trade Managment

Trade Notes

The tape ongoing rejection of 49.45 should have been where I shorted. So, I hit in on this a little later than I should have. I believe the last losing trade made me a little more apprehensive here. I would get good risk on this looking for the 49. I would take off a little early on this as well. I did hold for 49 on the remaining partial and got a little better than that. Although, this would hit the .82 that I though was likely at the time.