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Sunday, September 18, 2011

DryShips Inc DRYS Stock Technical Analysis - 9/18/11

The following is technical analysis DryShips Inc DRYS Technical analysis for September 19, 2011

DryShips Inc DRYS  Resistance, pivot & Support Levels - 09/19/2011

Resistance levels: $3.40, $3.32, $3.28


Pivot point: $3.20


Support levels: $3.16, $3.08, $3.04


Dryships Inc. (DRYS) stock is now trading over $3.00 with market.Dryships Inc. (DRYS) is now trading above $2.77-$3.25 last week. DryShips (DRYS) will now have resistance level at $3.60. Drys has strong support at $2.00.I added more long side  under $2.70 any market correction. This is my one top pick for 2011.

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