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Sunday, June 12, 2011

DryShips Inc DRYS Stock Technical Analysis 6/12/11

The following is technical analysis DryShips Inc DRYS Technical analysis for June 13, 2011

DryShips Inc DRYS  Resistance, pivot & Support Levels - 06/13/2011

Resistance levels: $4.40, $4.31, $4.23


Pivot point: $4.16


Support levels: $4.08, $4.01, $3.93



Share of Dryships Inc. (DRYS) stock is now trading over $4.00 which is still bearish in technical side.The next major resistance level for Dryships is now $4.50 and support area is $3.50. This is my one top pick for 2011.

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