ODFL - The Fundamental Case for Old Dominion Freight Lns #ODFL Using a Price Based Model
Traditionally #WallStreet has used #fundamentalanalysis to make #investmentdecisions in #stocks like Old Dominion Freight Lns (NASDAQ: ODFL) but sometimes the most revealing aspect of the fundamental health of a company can be found through an observation of its price action. Price action was used to produce the raw data below for ODFL and it can be used as an example of how to use price action to define fundamental opportunity. This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports .
Technical Summary
| Term ? | Near | Mid | Long |
|---|---|---|---|
| Bias | |||
| Strong | |||
| Strong | |||
| Strong | |||
| P1 | |||
| 0 | |||
| 0 | |||
| 222.36 | |||
| P2 | |||
| 257.92 | |||
| 262.60 | |||
| 237.61 | |||
| P3 | |||
| 268.26 | |||
| 271.87 | |||
| 252.01 |
Longer Term Trading Plans for ODFL
May 17, 2021, 9:30 am ET
Our Longer Term Plans for ODFL help you determine where to buy, sell, short, and set risk controls. Use this in conjunction with our Longer Term Market Analysis to go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis and see how it helps you work with this ODFL Report.
ODFL - (Long) Support Plan
Buy over 252.01 target n/a stop loss @ 251.28.
ODFL - (Short) Resistance Plan
NONE .