“Fed Hikes 25 Bps as Oil Surge Threatens December Rates”
ODFL faces technical weakness from a moving average crossover and fuel cost pressure, though support at the 61.8% Fib level (~$174) presents a possible long entry.
La next up and lastly ODFL Old Dominion. You got to look at some of these other freight companies if JB Hunt is falling the way it is. And look at this guys. Beautiful time count developing here on the weekly time frame.
Let me simply pull up my fib tools and I'll show you right now. We are into support with the 618 fib retrace.