DryShips Up at Resistance (DRYS)

Posted in pre-market 
October 14th, 2009

DryShips, Inc. (NASDAQ: DRYS) is running again this morning along with the strength in the broader markets.  The stock is up almost 3.5% at $7.47 on over 200,000 shares as of 8:22 AM EST.  Be advised that this one traded up as much as 7% from the 7.22% close yesterday in the after-hours session.  This is a gain, but not as high as what we were seeing right after the Intel report.  For whatever it is worth, the levels we’d look at for resistance as of the September highs are $7.48; $7.52; $7.68; $7.81; and $7.99….

JON C. OGG

Comments are closed

-->