The handle low is dangerously close to mid cup level which is 75ish A V bottom and cup and handle pattern both have the same B/O which is over prior high So I guess in the scheme of things, it really doesn't matter. I drew the handle low in green because it can be an excellent source of support I have owned this since the bottom but do not recommend it. You...
Copart inc to break the resistance. Im looking for a move reaching at least 100.
Hey investors, COPART INC is in a bearish configuration, it is in full decline with a strong sell volume traded. It is moving towards its last previous lower, following the sales of the previous session we can see a strong comeback of buyers to push the price up. Great potential to go to the top of the equilibrium zone then to breakout, to arrive in the zone...
Hi friends the daily chart of this market shows that it will experience a bearish trend in the coming days but you should not enter the seller if it did not break the 78.92 level with the vigilance of the market change towards the opposite direction
NYSE Earnings strategy signal. Online auctions and vehicle remarketing services provider Copart, Inc. has been increasing sales (from $1.15 bln in 2015 up to $2.04 bln in 2019) and EPS (Earnings per share: from 0.87 in 2015 up to 2.57 in 2019) for 5 years. The Guggenheim analyst renewed $CPRT rating in October. This rating was upgraded. The company is likely...
Copart is one of the most consistent gainers around with a nice steady year on year increase. Certainly worth a watch. Copart, Inc. engages in the provision of online auctions and vehicle remarketing services. It provides vehicle sellers with a full range of services to process and sell vehicles primarily over the internet through Virtual Bidding Third Generation...
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As price broke trend it’s looking to retest. Great support all around, should bounce right off.
Watch for incoming volume in AM, everything looks to be falling into place to continue climbing.
Entry level $85.15 = Target price $94.00 = Stop loss $82.70 Indicator are bullish and in particular the huge volume spike today, this spike is not retail investors. Seeking alpha article, CPRT has outperformed its industry and eclipsed the US Market with its annual return bordering on 60%. The pre-owned auto market has grown tremendously over the past years...
Me thinks she might be ready for another move up....watch her close, she's a tricky one.
After such a big spike, and regaining the 50 sma; I'm not sure if we are just retracing a bit, or forming another base.
Paper Trade, notes on chart, could see a potential range forming on longer time frame.