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Analysis: #NASDAQ $CPRT

Case 168 #Copart Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

Thread 👇👇👇

#CPRT 1/4
Chart 1
Weekly Chart: The strong rise which began in Dec. 2018 has finally seen a strong correction today, (Feb 20, 2020) shaking off weak longs but the trend remains firmly #bullish. Price has .....

CPRT 2/4
..... found #support directly on the old broken #trendline. #Momentum is slightly #bearish and we shall allow for a some more losses.

CPRT 3/4
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