DRYS TRYING ONE MORE BOUNCE BEFORE THE NEXT WAVE DOWN?
DRYS is in the middle of a corrective structure after the previous drop. If the level posted on chart holds i'm expecting one more bounce before a potential wave down. A strong breakdown on that level invalidates this setup.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.