Okay, call me crazy, but here is a contrarian opinion: DRYZ is coming back up.
What? you say.
For one, consider the after-hour trades so far (6:57 Central) - Trading just a slight higher, but in the increase, nonetheless (okay, weak, but read on):
Last: $ 6.81 After Hours High: $ 6.9016 After Hours Volume: 472,601 After Hours Low: $ 6.75
For second, a review of the 60-minute chart indicates that although the price plummeted recently from HIGH of 11.48 just a few trading sessions ago, down to 6.79 CLOSE today, the low reached today (6.66, the "evil number I was jokingly referring to above - Just to catch your attention, really), also corresponds to the significant Fib support of 61.8%.
Is that all?
Nope.
A speculative price channel in the same 60-minute chart gets validates that several parallels. But most importantly, price low seems to reproduce a similar pre-rally pattern as the one from early APR 09.
Added to these significant events are pincher formation, steep positive divergence ... et voila.
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