Dryships Inc. (NASDAQ: DRYS) Stock Chart Analysis

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Uploaded by on Apr 11, 2010

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With earnings season looming, supporting and resisting levels play an especially important role in Dryships market. The price has broken above short, intermediate, and even long-term downtrend resistance, in the month of April. Long or short, the encouraging news, key events and signals, are described in the technical analysis that follows, in video format.

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  • what it does show my friend is don't put a lot of faith in trendlines. Jezuz man the things trading at 4 bucks today. that being said I bought the ung about 2 mths ago, it broke some overhead trendlines as well but it is now at its bottom again.

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