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Tuesday, February 21, 2012

DryShips Inc DRYS Stock Technical Analysis - 2/21/12

The following is technical analysis DryShips Inc DRYS Technical analysis for February 21, 2011

DryShips Inc DRYS  Resistance, pivot & Support Levels - 2/21/2012

Resistance levels: $3.84, $3.78, $3.74


Pivot point: $3.68


Support levels: $3.64, $3.58, $3.54


Dryships Inc. (DRYS) stock is now trading at $3.71 with market.Dryships Inc. (DRYS) is now trading above $3 last week. DryShips (DRYS) will now have resistance level at $3.84 & $4.50. Drys has strong support at $1.75.I added more long side  under $2 any market correction. This is my one of the Top Pick for 2012.

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