DKNG Trade on Dec 18, 2020 09:45 from Cklamb: Tradervue User Stock Trades.

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Cklamb

 

DKNG
Intraday Fundamentals
• Tech trader.. holding 50 and starting to move away

Technical Stats
ADV 26.12m RVOL .8 ATR 2.87 Short 6% Inst Own 46.7%
Daily

Hourly

Intra

Trading Plan
• 53.50 long
• A hold of 55.50 later in the day
• 51.50 long
Reading the Tape

Trade Management
image
Trade Notes
I had a plan to take this long at the PM low in the morning and was not focused on it. I saw this scream from there to test 56. This lead me to believe that the solid break of the PM high after a test of the PM low would set this up for a long of VWAP. I entered small thinking that I may be able to add some in on a deeper dip below. Which I did at the near test of 55. I did not expect the flush below 55 to be so deep. But, I kept my head and added again small. setting me up to take this off and the test of the VWAP and the PD high. I would say this was a well-managed trade on a broken play.


Execution detail:

Date/time Symbol Side Price Position
2020-12-18 09:45:22 DKNG buy $55.600 long
2020-12-18 09:46:46 DKNG buy $55.105 long
2020-12-18 09:51:43 DKNG buy $54.765 long
2020-12-18 10:10:12 DKNG sell $55.100 long
2020-12-18 10:12:16 DKNG sell $55.155 long
2020-12-18 10:15:57 DKNG sell $55.435 0


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