claydoctor

DRYS breaks out after consolidation, after ECB announcement

NASDAQ:DRYS   DRYSHIPS INC
54 0 0
This break out was significant on good (but not extreme) volume . If you build it you want to ship it. Usually if DRYS breaks out, it is a tell on a bullish market and/or economic effect, because manufacturer's place future reservations, to ensure they can ship the products later, once built. So looking ahead 6 months on this play... but after an initial pop, now it is consolidating once more and range bound. makes me go mmmmmmmm, and maybe not trust this as I did in the Ole days. Gonna watch for confirmation higher.
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out