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Saturday, December 28, 2013

DryShips Inc (DRYS) Stock Technical Analysis December 31, 2013

The following is technical analysis DryShips Inc DRYS Technical analysis for December 31, 2013

DryShips Inc DRYS  Resistance, pivot & Support Levels - 12/31/2013

Resistance levels:
Pivot point:
Support levels:
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Dryships Inc. (DRYS) stock is now trading near $4.68.Dryships Inc. (DRYS) is now trading over all moving average. DryShips (DRYS) will now have resistance level at $5 & $5.50. Drys has strong support at $4. Stock is short term oversold now.I will add more long side  under $3 any market correction. This is my one of the Top Pick for 2013.  

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