DryShips Inc DRYS Resistance & Support Levels - 09/20/2010
DryShips Inc DRYS stock technical analysis for September 20 , 2010
Support & Resistance Levels - 9/20/10
Resistance levels: $4.29, $4.21, $4.14
Support levels:$4.03, $3.99, $3.92
Share of drys is trading under all moving average which is short term bearish. Next major resistance area is 200 moving average which is $5.65.I do believe that was good buying opportunity near $4 again.Stock is need to hold $3.80 area for going forward.Long term resistance level is $5.If stock over $4.20 which will be good for long term buy signal. Support level is $3.80 which is good buying opportunity.
You want to find out more Technical Analysis -Go Here
Good Luck .. Trade Smart!
For the latest updates on the stock market, visit,
http://hotstocks-blog.blogspot.com/ or Subscribe for free.
