DRYS headed to 6.5

A reader requested a chart for DRYS, here's my technical analysis:

This DRYS breakout looks like the real deal due to the crazy volume. But I think DRYS is going to pause here and fall back to support at ~5.95 due to resistance from trendline A. I think DRYS will form a small flag before continuing upwards. Next upside resistance is at 6.5. I wouldn't feel too bad going long DRYS at 6.1 right here since support is right at 6.

Overall a good long play. The only thing that bothers me is that DRYS is a stock that is VERY susceptible to weakness in the stock market. That is DRYS can't sustain this breakout without the market. If the market decides to pause, so will DRYS. If the market tanks, so will DRYS. So be tuned to the market.