DURECT Corporation
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DRRX- Double bottom Fallen angel Long from 1.12 to 1.28 & 1.47

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DRRX bouncing off its longterm support after a huge decline. Now it seems forming nice fallen angel formation with a higher low double bottom. We think it has good upside potential from here.

* Trade Criteria *
Date First Found- November 21, 2017
Pattern/Why- Fallen angel, Double bottom
Entry Target Criteria- Break of $1.12
Exit Target Criteria- 1st Target $1.28, 2nd Target $1.47
Stop Loss Criteria- $ 0.97

Please check back for Trade updates. (Note: Trade update is little delayed here.)

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