Today DADA gave us two examples of concepts which are repeatedly discussed here.
1- Chase the gap or wait for VWAP
We wanted to buy DADA above 4395. We do not chase gaps, but we wait for the stock to settle and then we buy it above the "flat/adv daily VWAP" that gave us a purchase at 44.40
2- Sell the first third to reduce risk
We look to sell 1/3 of the stock if it hits daily R2, or, if it has strong momentum, we switch our stop to below the successive higher 2 minute low. This would have gotten us out of that first third at 46.20, which is 2 pennies below the low of the candle at 9:44AM. Using the 2 minute exit would have resulted an additional 30 cents higher than daily R2 exit.