By Tim - http://stockstobuy.org
Shares of DryShips Inc. (DRYS) continue to break out and are testing $6.40 resistance today. Dryships Inc. stock has been hot over the past three weeks after the company reported that there was an increased demand for Ultra Deep Water Drillships.
Dryships Inc will have resistance located at $6.95 after $6.40 which is the current 52 week high. Dryships is a strong buy on pullbacks below $5.20 now.
For more updates on the stock market, visit http://daytradingstockblog.blogspot.com
Showing posts with label dryships inc. Show all posts
Showing posts with label dryships inc. Show all posts
Monday, December 6, 2010
Thursday, September 30, 2010
DryShips, Inc. (DRYS) - $5.00 Key Level
Shares of DryShips, Inc. (DRYS) are worth watching today as the stock is nearing resistance located at $5.00. If DryShips, Inc. can break up through $5.00, I think we will see a huge volume surge and the stock make its way toward $5.50. Another level to watch will be located at $5.13 which is the 200 day moving average. This has historically given Dryships a tough time. Dryships is a buy above $5.00 with a tight stop.
For more stock market updates, visit http://daytradingstockblog.blogspot.com
Subscribe to:
Posts (Atom)