DRYS chart looks very bearish as DRYS broke down the Wedge channel support. The stock price is currently below 20D, 50D and 200D MA. Another scary thing is DRYS 200D MA is heading south implies that the DRYS is still on the long term down trend.

• Stock price is at the lower Bollinger Band.
• Stock price is below the Parabolic SAR.
• MACD is moving into lower half of the graph.
• RSI and Stochastic are heading south.

DRYS may start the down trend if it breaks the 20D & 50D MA. Next strong support at $6.045. The stock price looks very attractive base on the historical high of $131 in Oct 2007. The upside potential is extremely huge if the company does not go burst and the economy recovers. High Risk Hign Gain!