Looks like the start of a reversal
I know DRYS has been taking a hit after the RS but with RSI now at 22.18 and the "hammer candlestick" that happened today, my presumption is that we are at the start of a reversal. The sell off after the RS was huge, essentially bringing a stock that was $12.30 down to $2.34. The fear sell off looks like its turned around now. First day in a while we ended up higher than what we opened at. Full disclosure : I just started my position today with Dryship at 10 minutes before close, after doing some DD today and noticed the trend near the EOD.