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Wednesday, April 09, 2008

DryShips Inc. (NASDAQ:DRYS) Ascending Triangle


Over the last 30 days DryShips Inc. (NASDAQ:DRYS) has created an ascending triangle. After creating this ascending triangle, DRYS broke resistance @ 67.50 3 days ago on heavy upside volume. This break in DRYS indicates it will complete the measured move and rally toward 80 in the next 10 days.

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Happy Trading

Keith Greff Jr
Trade Analyst
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