DRYS breaks out after consolidation, after ECB announcement

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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.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.