Old Dominion Freight Line, Inc.
Short
Updated

ODFL Sure Looks Toppy

111
I'm calling a top here. Super over-extended. P/E is bonkers for a trucking company. Expecting this to cool down very soon. Forming a hanging man candle at the top of the trend resistance today..

Not the popular thing to do.

Near Term price target of $255-$250

Medium Term price target of $235-$230.
(Opinion Only)

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Trade active
Tomorrow's candle will be key if this stays up here..

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