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Monday, June 27, 2011

DryShips Inc DRYS Stock Technical Analysis 6/27/11

The following is technical analysis DryShips Inc DRYS Technical analysis for June 27, 2011

DryShips Inc DRYS  Resistance, pivot & Support Levels - 06/27/2011

Resistance levels: $4.22, $4.13, $4.04


Pivot point: $3.98


Support levels: $3.89, $3.83, $3.74


Share of Dryships Inc. (DRYS) stock is now trading under $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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