$CPRT is going UP!!!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 to have increased its global sales volumes compared to the previous quarter. Also, Copart opened new stores in Germany. So $CPRT is ready for the next gap up. Due to strategy, the buy long can be from the current price (104.82), target profit — +$4 ($108.82) stop-loss — -$4 ($100.82) Risk/reward is 1:1, but correct strategy implementation implies more than 60% of profit trades. More about NYSE Earnings strategy: fondexx.com More information: fondexx.com Education: fondexx.com How to get into our trading chat: fondexx.com Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas. Thanks for being with me!Longby KozakHlib558
$CPRT:NASDAQ - COPART INC - 450% gain over last 4 yearsCopart 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 Internet auction-style sales technology. The company sells the vehicles principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, and exporters and at certain locations, as well as to general public. Its services include online seller access, salvage estimation services, estimating services, end-of-life vehicle processing, virtual insured exchange, transportation services, vehicle inspection stations, on-demand reporting, DMV processing, and vehicle processing programs. It operates through the United States and International segments. The company was founded by Willis J. Johnson in 1982 and is headquartered in Dallas, TX.Longby zAngus6
CPRTSystem T Performances: Annual Compound Profit 40%, Win Rate 55%, Risk/Reward Ratio 1:2, 20 Years of Backtesting Data, Over 100 Markets. * Click Like and Follow to Support My Work! --- Hi Traders, I'd like to introduce the System T, a computerized trading system that analyzed and backtested the 20 years history data of over 100 markets. This post is my sharing of how I think about systematic trading and the signals generated by the System T. (This is my opinion only, NOT the financial advice.) I think that for the system to open a trade and manage risk, it only needs a buy signal & a stop-loss signal clearly on the chart. Once the system finds a good trend, it will ride it as long as possible. The stop-loss will be adjusted accordingly to the new price movement. (Remember to follow this trade idea and follow my profile to get updates about the stop-loss adjustment and sell signal based on the latest price and market conditions daily.) System T performances above will give you an idea of how it performs in the last 20 years. Notice that this result was achieved only if I strictly followed the rule: "Only and Always Buy & Sell based on the System Signals". Don't sell when there is no sell signal as we all want to follow the good trends til the end like everything in life does. \(^-^)/ Also, my system is extremely diversified through over 100 markets so that it only risks less than -1% of the total capital per trade. Thank you and good luck! --- DISCLAIMER: I am NOT a financial advisor, and nothing I say is meant to be a recommendation to buy or sell any financial instrument. My views are general in nature and I am not giving financial advice. You should not take my opinion as financial advice. This is my opinion only. Do your own due diligence, and take 100% responsibility for your financial decisions. Trading and investing are risky! Don't invest money you can't afford to lose, because many traders and investors lose money. There are no guarantees or certainties in trading. - Content is for education purposes only, not investment advice. - Trading involves a high degree of risk. - We’re not investment or trading advisers. - Nothing we say is a recommendation to buy or sell anything. - There are no guarantees or certainties in trading. - Many traders lose money. Don’t trade with money you can’t afford to lose. Longby System_TUpdated 6
$CPRT Breakout Re-TestAs price broke trend it’s looking to retest. Great support all around, should bounce right off.Longby Brendan_322
On Morning WatchWatch for incoming volume in AM, everything looks to be falling into place to continue climbing.Longby Ron-V4
$CPRT Extremely bullish day for Copart IncEntry 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 and has considerably outpaced the new car market. With its impressive earnings report, the company is on the right track and the future prospect looks promising. Over the past year, Copart Inc.(CPRT) has outperformed its industry and eclipsed the US Market with its annual return bordering on 60%. But still, the company is under-appreciated despite rendering such top-notch growth. Given the solid fundamentals, spotless balance sheet, and expanding market CPRT is undeniably inclined to further appreciate in the coming years. Copart's growth has significantly expedited in the last two quarters. The company reiterated its impressive performance in the fourth quarter with revenue bolting to a 20.8% increase from the year-ago period. The reported sales growth echoed the continued progress of global service revenue which grew by 20.1% and vehicle sales that made a 25.4% leap to $72.2 million. Net income was $153.5 million, reverberating an appreciation of 39.9% or $43.7 million from fourth-quarter fiscal 2018. P/E Ratio 33.91 Company profile Copart, Inc. engages in the provision of online auctions and vehicle remarketing services. It provides vehicle sellers with a full range of services to process and sell vehicles primarily over the internet through Virtual Bidding Third Generation Internet auction-style sales technology. The company sells the vehicles principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, and exporters and at certain locations, as well as to general public. Its services include online seller access, salvage estimation services, estimating services, end-of-life vehicle processing, virtual insured exchange, transportation services, vehicle inspection stations, on-demand reporting, DMV processing, and vehicle processing programs. It operates through the United States and International segments. The company was founded by Willis J. Johnson in 1982 and is headquartered in Dallas, TX. Longby Bullishcharts26
Looks Like A Pattern HereMe thinks she might be ready for another move up....watch her close, she's a tricky one.Longby Ron-V4
Are we just forming another base?After such a big spike, and regaining the 50 sma; I'm not sure if we are just retracing a bit, or forming another base.by Ron-V4
CPRT ShortPaper Trade, notes on chart, could see a potential range forming on longer time frame.by S2525121
CPRT ($CPRT) Ascending baseBought CPRT today considering that the stock has been showing a bullish trend since the beginning of the year, every price decrease was at a higher level than the previous one and currently the stock doesn't have any resistance. The stock volume during the last few weeks was under the average for the last 5, 10 and 20 weeks, so this could mean that the current stock owners don't have the intention to sell it at the current price, forcing it to a price increase in the near future.Longby PedroBossideCastro0
$CPRT Breakout imminent, set your alerts for easy long trade.*****Purely based on technical setup in NASDAQ:CPRT looks like a very good possibility of a major breakout in the coming days set alert for $72.50. ********* COMPANY PROFILE 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 Internet auction-style sales technology. It sells the vehicles principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, and exporters and at certain locations, as well as to general public. Its services include online seller access, salvage estimation services, estimating services, end-of-life vehicle processing, virtual insured exchange, transportation services, vehicle inspection stations, on-demand reporting, DMV processing, and vehicle processing programs. It operates through the United States and International segments. Longby DEXWireNews7
$CPRT Mixed signals going into earnings today. Copart is a very strong company with financial fundamentals, as earnings approach we are a little worried that the stock is starting to get tired and losing momentum. Indicators are all quite bearish and a break of trend could result in quite a sizeable correction, on the other hand positive results could aid the break above resistance and avoid the dreaded double top. We have included on the chart 2 possible trades to cover either scenario, our bias is to the bearish side due only to the chart techinaly. Average Analysts price target $61.44 Average Analysts recommendation Hold COPART INC. 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 Internet auction-style sales technology. It sells the vehicles principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, and exporters and at certain locations, as well as to general public. Its services include online seller access, salvage estimation services, estimating services, end-of-life vehicle processing, virtual insured exchange, transportation services, vehicle inspection stations, on-demand reporting, DMV processing, and vehicle processing programs. It operates through the United States and International segments. by RedHotStocks4
CPRT approaching resistance, potential drop! CPRT is approaching our first resistance at 56.01 (horizontal pullback resistance, 50% fiboancci retracement, 100% fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 50.72 (horizontal pullback support, 50% fibonacci retracement). Stochastic (55,5,3) is also approaching support where we might see a corresponding drop below this level. Shortby TradeGATEHub35
CPRT GapsGuessing this closes one gap or another after earnings. I'm guessing down, P/E ratio of 28 is way too high for an auto auctioneer, Carmax (CMX) already ate **it, pattern is identical.Shortby hungry_hippoUpdated 4
Copart $CPRT Sinks After Earnings, Know This Trade LevelCopart Inc (NASDAQ:CPRT) is an online seller of salvaged vehicles on behalf of banks, finance companies, charities and dealers. Earlier today, the company reported earnings that are not being well received by investors. Copart Inc shares are declining lower by more than 16.0 percent to $53.30 a share. This morning, the stock has been defended around its 50-week moving average which is at $50.24. A daily chart close below this critical support level will indicate further downside for the stock. The next major support level that traders and investors should watch will be around the $47.00 area. This is where the stock was defended in March 2018 and was followed by a break-out to new highs. Often, past breakout levels will serve as excellent support when retested. NASDAQ:CPRT Nicholas Santiago InTheMoneyStocksby inthemoney1
Copart working wellChart was annotated on Aug 13 - the dotted line was projection. Here we are two weeks later and, well, I'm sure we may see some consolidation soon. Climbing up the stop-lossLongby billgarc1
CPRT setting upNice flag. Another few days to complete but any higher and should be ready to BOLongby billgarc3