The chart below shows that the Copart Inc. (CPRT) met our $64.20 per share upside target this morning, August 28th, by trading as high as $64.30 intraday.
Our price target on this Asbury Momentum idea was first displayed and discussed in our August 9th Asbury Alert (access requires subscription) to capture a $4.69 per share, 8% price advance in less than 3 weeks.
CPRT also outperformed the S&P 500 (SPX) by 5% during the same period.
Here is the chart from our August 9th report.
Here is this morning’s (August 28th) updated chart.
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- to let Asbury Research subscribers know when to consider taking profits on existing positions,
- to let non-subscribers track what we are doing in the market, in real time, and
- to make everyone aware of a potential upcoming price reversal as price advances often end as upside targets are met and more savvy investors take profits.
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