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Copart ( CPRT) is a provider of online auctions and vehicle remarketing services in the U.S., Canada and the U.K. The stock is trading up 9.4% at $50.15 in recent trading.

Today's Volume: 913,000

Average Volume: 262,568

Volume % Change: 397%

Shares of CPRT are soaring today after the company beat Wall Street EPS estimates by 12 cents and also beat on revenue estimates.

From a technical perspective, CPRT has started to trigger a big breakout trade today now that the stock is moving above some past overhead resistance at $49.09 on monster volume.

Traders should continue to look for long-biased trades as long as CPRT is trending above $49.09 with strong upside volume flows.

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