DryShips holding the line

So far so good. DRYS is holding above $3.30 and appears to have the strength to continue moving higher. It found sellers above $3.55, but it looks like it could continue to move towards $4.00 in the next few days. I have a small position now and plan to add to it if it holds and moves above $3.60.

DRYS Daily Chart

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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