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8 Stocks Under $10 Making Big Moves


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Durect (DRRX - Get Report) is a specialty pharmaceutical company focused on the development of pharmaceutical products based on its drug delivery technology platforms. This stock is trading up 3.9% to $1.05 in recent trading.

Today's Range: $1.03-$1.08

52-Week Range: $0.68-$1.90

Volume: 107,000

Three-Month Average Volume: 451,715

>>4 Hot Stocks to Trade (or Not)

From a technical perspective, DRRX is moving notably higher here with light volume. This move is coming after DRRX recently bounced off its 200-day at 92 cents, and recaptured its 50-day at $1.00.

Traders should now look for long-biased trades in DRRX as long as it's trending above its 200-day at 92 cents with strong upside volume flows. I would consider any upside volume day that registers near or above 451,715 shares as bullish. If DRRX can hold that trend, then this stock has a great chance of taking out its July high of $1.25 in the near future. Any high-volume move above $1.25 will give DRRX a great chance of trading up towards its next major overhead resistance at $1.90.
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ZLCS $5.39 0.00%
DRRX $1.01 0.00%
GALE $0.76 0.00%
SGYP $3.46 0.00%
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