February 25, 2006
Stock to Watch — Copart (CPRT)
CPRT moved to a new high on about twice average volume. Pulling back and looking at the monthly chart, you can see that it has broken out of a large “symmetrical triangle.” Keep an eye on it to see how it acts at its old all-time high.
Copart, Inc. provides salvage vehicle sale services in the United States. It offers vehicle suppliers, primarily insurance companies, with a range of services to process and sell salvage vehicles over the Internet through its virtual bidding Internet auction-style sales technology. Copart was founded by Willis J. Johnson in 1982 and is headquartered in Fairfield, California.
Cat: | Time: 8:59 pm (utc+8)