Angie's
List, Inc. operates a consumer-driven solution for its members to
research, hire, rate, and review local professionals for home, health
care, and automotive service needs in the United States. The company
focuses on delivering its members trusted ratings and reviews of local
service providers; providing the opportunity for highly-rated service
providers to offer its members discounts and other promotions on local
services; and advocating for its members to resolve their complaints
with local service providers. As of June 30, 2011, it had approximately
820,000 paid memberships. The company was formerly known as Brownstone
Publishing, LLC. and changed its name to Angie's List, Inc. in April
2010. Angie's List, Inc. was founded in 1995 and is headquartered in
Indianapolis, Indiana.
To analyze Angie's stock for potential trading opportunities, please
take a look at the 1-year chart of ANGI (Angie's List Inc.) below with
my added notations:
ANGI has had a rough go of it since the end of March. However, the stock
does seem to be trying to bottom over the last (3) months. During those
same months, the stock has created a resistance level at $12 (green).
That is the same $12 level that was also support in the prior (3) months
(red). So, $12 is a key price to ANGI. A break above that level should
result in higher prices for the stock.
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