DryShips Inc DRYS Stock Technical Analysis February 2012

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

DryShips Inc DRYS  Resistance, pivot & Support Levels - 2/13/2012

Resistance levels: $3.31, $3.23, $3.11

Pivot point: $3.03

Support levels: $2.91, $2.83, $2.71

Dryships Inc. (DRYS) stock is now trading at $3.00 with market.Dryships Inc. (DRYS) is now trading above $3 last week. DryShips (DRYS) will now have resistance level at $3.20 & $3.56. Drys has strong support at $1.75.I added more long side  under $2 any market correction. This is my one top pick for 2012.

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