Dryships snaps back

Dryships (DRYS) had a couple of very strong prints in the past few days that bring price above $3.40. I am keeping an eye on this level in particular as if it is able to hold, and if On Balance Volume continues to rise, I would expect it to continue to $4.

DRYS Daily Chart

About Stock Trade Journal

The information in this blog is not investment advice. Please consult a financial advisor before investing. I have been trading stock since the 1990's and survived the .com crash. I am developing software applications to help me trade better and now I am making them available to help other traders. This blog is also a way to share my experiences and observations in the market.
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