Saturday, May 03, 2008 10:44:55 AM
DRYS Weekly Annotated Chart: Analysis and chart come courtesy of "Boca_Bobby"
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Incase anyone was wondering how I came up with my target price, I wanted to show a chart I have been watching for some time now. The weekly chart really shows the direction I think we are headed. My target price does not have a timeframe and therefore could be met later in the year. But what the target price does give us is a chance to get the best price for an option contract if we think we can forecast movement.
IMO,
Boca_Bobby
-------------------------------------------------------
Incase anyone was wondering how I came up with my target price, I wanted to show a chart I have been watching for some time now. The weekly chart really shows the direction I think we are headed. My target price does not have a timeframe and therefore could be met later in the year. But what the target price does give us is a chance to get the best price for an option contract if we think we can forecast movement.
IMO,
Boca_Bobby
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