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StockPickingEnthusiast
May 5, 2021 5:42 PM

ODFL Sure Looks Toppy Short

Old Dominion Freight Line, Inc.NASDAQ

Description

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)

Trade active

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

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Comments
Clarkbar2
JANET YELLEN LEADS THE CHARGE ON HIGHER RATES TO HEAD OFF INFLATION..;. filtering through marekts as of NOW~!
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