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Stock : DRYS |
| Stock Recommendations : Buy |
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| Sector : Transportation |
| First resistance : 22.93 |
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| Stock Name : DryShips Inc |
| Second resistance : 54.00 |
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| Buy Near : 10.95 |
| Third resistance : 72.84 |
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| StopLoss : 8.00 |
| First Support : 10.95 |
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| Posted date : 8/31/2008 12:00:00 AM |
| Second Support : 9.22 |
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DryShips Inc (DRYS) involved in crude oil transportation business. This business has good potential with crude price going down. Due to economic crises this Stock comes too much down. But if you look companies past growth and earning record this price looks reasonable to buy this Stock.
Buy near $10.95 because its all ready over sold and majority long and short term indicator shows its in oversold position so it can jump up any time. In case when it comes near $10.95 consider as a buying opportunity. At present technical analysis | Stock analysis and fundamentally company looks good buying member, you can add in your portfolio. In down trend Stock market for any Stock investments there is always high risk but high risk high return and low risk low return. DryShips Inc you can consider for Stock Market Investment, Trading, Stock trading, Stock Investing, Day trading, Stock picks, Breakout Stocks, penny Stocks
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