Had placed some bids premarket near S2=$55.5 thinking a potential reversal play. Minutes before open, news about acquisition of UK firm hit tape, DKNG flushed into S2 and I got filled just before the bell.
Didn't know what the news were, so I was quick to take profits and tighten stop just below $55. Got stop out from last 50% as it made new lows and sold-off lower.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-09-21 09:27:44 | DKNG | buy | $55.560 | long |
2021-09-21 09:27:50 | DKNG | buy | $55.120 | long |
2021-09-21 09:30:18 | DKNG | sell | $56.370 | long |
2021-09-21 09:36:28 | DKNG | sell | $57.720 | long |
2021-09-21 09:51:08 | DKNG | sell | $54.760 | 0 |
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