DKNG flushed and then went dry LONG

5월 29일

DKNG is a solid large cap with great price action. Today it drained 5% and then put on the

stopper. Price reversed and stabilized in the afternoon session. The fall was to below the

second lower VWAP band in deep undervalued territory. I see this as a chance to pick up DNKG

at a 10-15% discount for a long trade. The dual time frame crossover of the faster line over

the slower line is reassuring bullish divergence enough for me to look for the best entry on

the lower time frame chart.

5월 31일

액티브 트레이드

Trade taken today after a few days of capitulation.

6월 4일

노트

Sideways for now more accumulation before a price move.

6월 7일

노트

Price has moved up. Stop loss now above break-even. Now a risk free trade.

6월 7일

액티브 트레이드

Round bottom recovery on the chart. First target is 40 below the mean anchored
VWAP.

6월 7일

노트

Friday afternoon dip buy to add to the position.