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Evening Stock Watch-List: July 23, 2019

Evening Stock Watch-List: July 23, 2019

July 23, 2019

Hello there! Below is your edition of 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

-84.00 (-0.31%)

-6.75(-0.23%)

-36 (-0.46%)

+25.00 (+0.26%)

+1.00 (+0.06%)

DRRX

DURECT Corporation ($DRRX) is a Drug Manufacturing company in the Healthcare sector. This penny stock soared this morning, from $0.73 to highs of $1.35 during pre-market trading, after announcing that the company has entered into a licensing agreement for an injectible HIV product. This agreement also includes a $25 million deposit payment to DRRX upfront. After the initial morning sell-off, the stock began wedging nicely into close. I plan to day trade this over the $1.05 natural resistance level for the break out of it’s descending wedge!

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