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Evening Stock Watch-List: December 13, 2019

nightly-watchlist-december-13

December 13, 2019

Take the day by storm. Prepare for tomorrow by viewing this evening’s watch-list. We hope you have a great trading day tomorrow! 

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Futures At A Glance

DOW S&P 500 NASDAQ BITCOIN GOLD

+99 (+.35%)

+9 (+.28%)

+33 (+.4%)

-25 (-.54%)

+1 (+.07%)

MDB

$MDB

Is a cloud/software company which recently released earnings and has provided incredible volatility and range since. This name has based extremely well the past two days and is lining up to pick up steam on a move up and over $125.50. Off that move my price target for it is $130+ intraday, but up to $140 into next week. I will take half profit on a push over $130 and then raise my stop and let the rest ride.

SRNE

Sorrento Therapeutics, Inc. ($SRNE) is a Biotechnology company in the Healthcare sector. This stock saw a massive spike this evening after no apparent news catalyst. Nevertheless, this Biotech t is known to run on pure momentum alone. The decent short float on this stock should allow for heavy technical breakouts to the upside. I plan to day trade this over the $4.35 natural resistance level for the technical breakout setup!

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