2001 626 tranny problem

Hi Guys/Gals,

I have 2001 626 LX with 4 cyl.Has 78k miles on it.I recenetly having problems
with my tranny.When i put on drive car doesn't move at all but when i press
O/D button car moves but feels like on second or third gear.After 40 mph
i can turn off the O/D button and car runs fine.Somtimes O/D light flashes and when i turned the engine off it goes away.Can i get some advice please.
Do i need a new tranny or just selonoid or speed sensor?

thank you
 

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