DRYS will trigger a long entry on any move above today’s high of 2.25.  As the 2-day period chart below illustrates, DRYS made a brief intraday breakout above a multi-year downtrend line but has since fallen back to just below that key resistance level.  Also note on the weekly chart below that as with the recently posted TOPS setup (another shipping stock), the 60 week EMA has capped all advances on DRYS over the last several years.  Aggressive traders could use the next move over 2.25 as a trigger for a long entry while more conservative traders might prefer to see a solid daily or even a weekly close above the downtrend line and/or the 60 week EMA before establishing a position.  Targets and stops listed on the daily chart.  As with TOPS, this should be considered a potentially high-risk, high-return trade for aggressive traders only.  Please see my notes on the TOPS setup below for suggested position sizing.