Stocks on Fire

IDSA - Ready to move !

By Frederick Ramsburg · September 7, 2005 · 1 min read · 1,121 views

Profile: Industrial Services of America, Inc. (IDSA), a logistic management services company, offers waste and recycling management services to commercial, industrial, and logistic customers in the United States, Canada, Puerto Rico, and Mexico. The company operates in three segments: ISA Recycling, Computerized Waste Systems (CWS), and Waste Equipment Sales and Service (WESSCO)
Web Site: http://www.isa-inc.com

IDSA gave me a first technical alert last week, with a nice advance over increasing high volume. Last 2 sessions were a pullback, and today the stock is back in action again, this time with even more volume and price breakout.
Technically, this is a bullish reversal pattern, on a stock with lots of upside potential. The ultimate trigger would be a breakout of the $7.50 level.
The fundamentals also look attractive...

I expect this stock to continue the move that just started during the next sessions, I also expect a breakout of the $7.50 at any time, opening the way to my short term target near the $9 level.

We've just bought IDSA for the 3 Stocks Portfolio @ $6.25.

(This recommendation was made by Frederick Ramsburg from 3 Stocks on Fire, and he will update this analysis everyday after the close until he sells the stock. The 3 Stocks on Fire Portfolio is up 148% since inception on 28th of April 2005. 3 Stocks on Fire is a Community of stock traders and investors. Our 3335 members exchange trading ideas and strategies on our message boards everyday. We welcome you as a new member of the 3 Stocks on Fire Community, please take 10 seconds to register and receive our free newsletter)

best regards,

Frederick Ramsburg
www.3stocksonfire.org

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IDSA - Ready to move !

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