23.07.2014 - The price volatility of Copart Inc. is likely to grow

The stock price of Copart Inc. after reaching the bottom of the channel rebounded upward, but could not continue to grow. In case of further decline, a signal to open short positions will become fixing the price below local minimum of 34.50 and outside of the channel. Meanwhile, we do not exclude the possibility of renewed growth within the channel to 36.50 and stop below 34.50. In such case we recommend buying the stock after overcoming the level of 34.75. We expect an increase in volatility in the near future and wait signals for opening positions.

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.