Tuesday, February 18, 2014

DryShips Inc (DRYS) Stock Technical Analysis February 19, 2014

The following is technical analysis DryShips Inc DRYS Technical analysis for February 19, 2014

DryShips Inc DRYS  Resistance, pivot & Support Levels - 2/19/2014

Resistance levels:
Pivot point:
Support levels:
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Dryships Inc. (DRYS) stock is now trading near $3.72.Dryships Inc. (DRYS) is now trading over all moving average. DryShips (DRYS) will now have resistance level at $4 & $5.50. Drys has strong support at $3.50. Stock is short term oversold now.I will add more long side  under $3 any market correction. This was my one of the Top Pick for 2013.  

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