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sublimares2
Feb 5, 2014 8:55 PM

DRYS- too much too soon Short

Description

DRYS is working on a buyable level and I do think it has rum to go lower from the present level of 3.22. Below 2.50 is becoming again attractive.
Comments
sublimares2
Next expected move: impulse wave @3.90 followed by deeper corrective wave @ 2.50
sublimares2
I have to update the last chart and show what a big difference is making the 8 days of trading. From the potential double top posted 8 days ago I am seeing a perfect, healthy born H&S ready to go
sublimares2
Ironically the target of H&S would make a double bottom.:)
sublimares2
It looks as a double top is in cards
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