A look at some Oil Tanker Stocks

I just answered an email asking for my take on some oil tanker stocks. Here was my answer:

TK – wouldn’t touch it until it got through its 200 DMA. May be a short if it breaks 42.75 or so.

OMM – looks decent but there’s a wall of resistance at 20.

GMR – trapped between the converging 200 and 50 DMAs. I’ll pass

OSG – looks like a short if it breaks the 50 DMA

What a motley crew of stocks.