DRYS seems to hit a support and may bounce back from any time now. I think it is a good stock to buy now, the risk-reward ratio is good if we set the stop loss at around $5.2. What do you think?
DRYS Stock Analysis DRYS gain 0.94% on 01/05/11 and a total percentage of 3.67% in the past 2 days DRYS is trading in the range of $5.10 - $6.44 in the past 30 days. Commodity Channel Index (CCI) is bullish for DRYS. Money Flow Index (MFI) is bullish and moving up for DRYS. The 10-day simple moving average is bearish and moving down for DRYS. Average volume decrease over 5% for DRYS. Stock performance base on day of week in the past 90 days. Monday: -7.80% Tuesday: -11.97% Wednesday: -0.42% Thursday: 18.09% Friday: 21.70% Next Earnings Release Date: 02/25/11.