Shared by
spyrosz
Can't get a long trade cleaner than that.
It was moving towards R1=previous ATHs=$64 premarket, having reported on Friday.
Premarket plan was to get "long" only if it managed to clear and hold above R1=$64, expecting the push to new highs.
Opened strong and broke thru R1=$64:
-- RVOL>1.5, went to 4.0 after break-out
-- traded 1.8m shares 1st 5min candle
Quickly put a bid for Tier 0 in-front of R1 so as to get "long" at the pullback/retest of the level.
Bid got hit, Tier 0 size, stop at LOD=$63, target $66-67 area.
Starting selling wayy to early as I kept thinking it will make a 2nd pullback towards $64.5-65 in order to reload some..But it never did.
(-) A bit undersized, sold early..
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-03-01 09:32:05 | DKNG | buy | $64.110 | long |
| 2021-03-01 09:34:01 | DKNG | sell | $64.890 | long |
| 2021-03-01 09:38:12 | DKNG | sell | $65.190 | long |
| 2021-03-01 09:38:21 | DKNG | sell | $65.880 | long |
| 2021-03-01 09:52:00 | DKNG | sell | $66.890 | long |
| 2021-03-01 10:31:26 | DKNG | sell | $67.320 | long |
| 2021-03-01 10:43:20 | DKNG | sell | $67.970 | long |
| 2021-03-01 10:57:55 | DKNG | sell | $68.480 | long |
| 2021-03-01 10:59:32 | DKNG | sell | $67.850 | 0 |
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