Nov. 13 at 1:27 AM
$ODFL is currently trading at
$139.38, slightly above its 30-day moving average (MA30) of
$138.92, indicating a potential bullish sentiment. The Relative Strength Index (RSI) at 47.01 suggests that the stock is neither overbought nor oversold, providing room for upward movement. The 50-day moving average (MA50) at
$141.05 is a resistance level to watch, while the recent 60-day high of
$160.06 and low of
$133.69 define a broader trading range.
Suggested trade plan: Enter a long position at
$140.00, slightly above the MA30, to capitalize on potential upward momentum. Set a stop loss at
$137.00 to manage risk. For targets, aim for
$145.00, which aligns with a potential resistance level, and a secondary target at
$150.00, closer to the midpoint of the recent high-low range.
Monitor market conditions closely, as volatility is indicated by an ATR of 5.21.
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