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Sunday, April 22, 2012

DryShips Inc DRYS Stock Technical Analysis - 4/22/12

The following is technical analysis DryShips Inc DRYS Technical analysis for April 23, 2011

DryShips Inc DRYS  Resistance, pivot & Support Levels - 4/23/2012

Resistance levels: $3.30, $3.26, $3.21


Pivot point: $3.17


Support levels: $3.12, $3.08, $3.03


Dryships Inc. (DRYS) stock is now trading at $3.23-$3.16 last few week.Dryships Inc. (DRYS) is now trading above $3 last few weeks. 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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