Sunday, June 28, 2009 9:10:55 PM
Stock On Watch - DRYS:
DRYS is begging for some love since recent slump, and shortly after it did that I kept my bullish position on tack for this Greek cargo hauler.
While went submarine temporarily, price kept afloat over a discreet but recently re-validated trendline.
Institutional interest was slow to react, but buying pressure is now buoying up to test the 21-EMA water line:
D.
DRYS is begging for some love since recent slump, and shortly after it did that I kept my bullish position on tack for this Greek cargo hauler.
While went submarine temporarily, price kept afloat over a discreet but recently re-validated trendline.
Institutional interest was slow to react, but buying pressure is now buoying up to test the 21-EMA water line:
D.
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TA out of Moorea, French Pacific Islands
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