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Saturday, August 27, 2011

DryShips Inc DRYS Stock Technical Analysis - 8/27/11

The following is technical analysis DryShips Inc DRYS Technical analysis for August 29, 2011

DryShips Inc DRYS  Resistance, pivot & Support Levels - 08/29/2011

Resistance levels: $3.15, $2.97, $2.85


Pivot point: $2.67


Support levels: $2.54, $2.37, $2.25


Dryships Inc. (DRYS) stock is now trading under $3.00 with market.Dryships Inc. (DRYS) is now trading above $2.50-$2.85 last week. DryShips (DRYS) will now have resistance level 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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