DryShips Inc DRYS Stock Technical Analysis July 2012

The following is technical analysis DryShips Inc DRYS Technical analysis for July 16, 2011

DryShips Inc DRYS  Resistance, pivot & Support Levels - 7/16/2012

Resistance levels: $2.31, $2.26, $2.13

Pivot point: $2.18

Support levels: $2.15, $2.10, $2.07

Dryships Inc. (DRYS) stock is now trading over $2.20 last week.Dryships Inc. (DRYS) is now trading over all moving average. DryShips (DRYS) will now have resistance level at $2.60 & $2.90. 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.

For more Technical Analysis -Go Here

For the latest updates on the stock market, visit, 
http://daytradingstock-blog.blogspot.com/