Copart Signal 12/01: Represent Buying Opportunity? (Chart)
Long Trade Idea
Enter your long position between $38.77 (Friday’s intra-day low) and $40.08 (Friday’s intra-day high).
Market Index Analysis
The NASDAQ-100 and broader S&P 500 indices present a mixed technical environment heading into January 2026, with concerning signals including decreasing bullish trading volumes and bearish chart patterns masking early bullish momentum. However, this divergence between price action and volume creates an important opportunity for value investors seeking contrarian positioning. For Copart investors, the current NASDAQ-100 environment is particularly relevant: after the index’s strong 2025 performance, rotation from speculative growth stocks to more stable, cash-generative businesses is gaining traction….
