DKNG Trade on Aug 12, 2021 11:27 from mrideout: Tradervue User Stock Trades.

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mrideout

 

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


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