ODFL Sure Looks Toppy

Short

Old Dominion Freight Line, Inc. (NASDAQ:ODFL)

Updated

NASDAQ:ODFL Old Dominion Freight Line, Inc.

Trend Analysis Technical Indicators Fundamental Analysis Hanging Man ODFL DIA

trendanalysis indicator fundamental hangingman odfl dia

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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Comment:

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