Long
DRYS potential continuation pattern
After a huge gap up that almost doubled the stock DRYS is now in a continuation pattern. Do note the pattern has broken on two occasions, however, the time to bounce back was not an alarming rate so I am still considering this pattern to be intact
Entry: 3.35
Stop Loss: 3.23
First Profit Target: 2.55
Second Profit Target: 2.72
********** Watch around the 3.43 area as this has been shown to be previous resistance ******************
NASDAQ:DRYS
Entry: 3.35
Stop Loss: 3.23
First Profit Target: 2.55
Second Profit Target: 2.72
********** Watch around the 3.43 area as this has been shown to be previous resistance ******************
NASDAQ:DRYS
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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.