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Sunday, August 14, 2011

DryShips Inc DRYS Stock Technical Analysis 8/14/11

The following is technical analysis DryShips Inc DRYS Technical analysis for August 15, 2011

DryShips Inc DRYS  Resistance, pivot & Support Levels - 08/15/2011

Resistance levels: $2.91, $2.84, $2.78


Pivot point: $2.71


Support levels: $2.65, $2.58, $2.52


Dryships Inc. (DRYS) stock is now trading under $3.00 with market.Dryships Inc. (DRYS) is now trading above $2.60. DryShips (DRYS) will now have resistance levl at $3.00. Drys has support at $2.00.I added more long side now. This is my one top pick for 2011.

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