Absurd AI fears hit all the shipping and logistic stocks last week. ODFL acted the best in this group, never getting near its 200-day moving average. They buy back a ton of stock. Are also hammering all their fundamental expectations quarter after quarter. Investments in trucking are paying off now. Traders can use the rising 50-day moving average as a pivot point, around $175. Investors can use $156-158. They just successfully tested their 50-day moving average.
Absurd AI fears hit all the shipping and logistic stocks last week. ODFL acted the best in this group, never getting near its 200-day moving average. They buy back a ton of stock. Are also hammering all their fundamental expectations quarter after quarter. Investments in trucking are paying off now. Traders can use the rising 50-day moving average as a pivot point, around $175. Investors can use $156-158. They just successfully tested their 50-day moving average.