Teekay Offshore (TOO) is Overbought, What's Next?

Zacks

Teekay Offshore Partners L.P. (TOO) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because TOO is now in overbought territory with an RSI value of 73.7. Furthermore, Teekay Offshore currently has a Zacks Rank #4 (Sell), suggesting that investors may want to consider exiting this stock now before it falls back to Earth.



TEEKAY OFFSHORE PARTNERS LP (TOO): Free Stock Analysis Report


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