Daily:
Price levels: 55.48, 53.35, 52.38
Inst. Ownership: 55.40%
ATR: 3.06
AVOL: 11.6M
VOL: 15M
Float: 368.64M
Short float: 8.00%
Intraday:
After the first rally, price retraced to vwap and held with lower wicks for 35 minutes. Volume was low during this period. I got long on a new 5 min high that broke the high of the range. I exited at 53 due to weakness on the tape.
areas of improvement
- Entry was great. There was clear support at vwap and the new 5 min high that broke the top of the range was a great place to get long.
- Your exit was VERY premature. Price rallied to the 53.35 level and did a minor retracement back to the 9 ema on the 5, then continued higher for several more dollars. If you choose to exit, then remember to look for new entries later on.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-08-12 11:27:44 | DKNG | buy | $52.644 | long |
2021-08-12 11:36:14 | DKNG | sell | $52.940 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!