DKNG Trade on Jan 20, 2021 09:30 from Cklamb: Tradervue User Stock Trades.

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Cklamb

 

DKNG
Intraday Fundamentals
• Tech trader, tight spread and good ATR
• New news on a betting app in MI and a MS upgrade following a DG yesterday
Technical Stats
ADV 21.05 RVOL .73 ATR 3.02 Short 5.49% Inst Own 46.1%

Trading Plan
• The 52.40 area was easily yesterday but seems to have set up an area to long between 52.60 and 52.40
• Possible scalp short at 54.10 depending on the time of day, the tape and targeting the SMA or VWAP
• Short 54.50for sure and be willing to work into the late opening
Reading the Tape
Solid but quick stall at 52.60ish
Trade Management

image
Trade Note
I got a really bad fill on this trying to market in. I was a little more fortunate on the exit. I had a bounce scalp planned in the area 52.40 to 52.60. I was set to half tier in case of a washout of the 52.40. The taped stalled at .65ish. The spread and bounce were fast and I got filled almost 20 cents higher than I hoped. This hit the short -term scalp target (VWAP) giving me a little under 1 for 1 on the scalp.


Execution detail:

Date/time Symbol Side Price Position
2021-01-20 09:30:48 DKNG buy $52.915 long
2021-01-20 09:32:50 DKNG sell $53.295 0


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