DKNG Trade on Aug 6, 2021 09:53 from mrideout: Tradervue User Stock Trades.

Daily:

Price levels: 55.48, 53.35, 52.38, 50 ema @ ~50
Inst. Ownership: 54.50%
ATR: 2.5
AVOL: 9M
VOL: 28.5M
Float: 368.05M
Short float: 7.83%

Intraday:
On daily, price opened above resistance at 51. Price initially sold off on open, but created a double bottom with support at 52. I got long on the break of vwap, but price rejected and sold off to 50.50. Out of hesitation, I held, but added for the break of the 5 min 200 ema. Price rallied to vwap, but was rejected, retraced to the 200 ema on the 5, and then continued higher. I exited at the 52.38 level.

areas of improvement
- First entry was terrible. Price had been in a steep downtrend premarket, and no new high was created, despite there being a double bottom. As well, the spreads on the candles were over a dollar, which makes it hard to effectively manage risk. PAY ATTENTION TO THIS SLAP. You know better.
- The add was sloppy. After the drop at 10:55 on high volume, price did not decline as much as the previous leg. Both the elevated volume and reduced size of the overall leg down at signs of decreased selling. You should have gotten long at 50.50 following the doji on the new 5 min high. Do better.