DALLAS, Texas - TwinTrader.com announces the publication of Breakout for ECOL; highlighting public companies on the move and what’s behind the surge.
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“American Ecology Corporation, through its subsidiaries, provides radioactive, PCB, hazardous, and non-hazardous waste services to commercial and government customers throughout the United States, such as steel mills, medical and academic institutions, refineries, chemical manufacturing facilities and the nuclear power industry…
“The Street.com featured the stock among 4 others in its story, “Stock Picks: Top 5 Fast-Growth for July 14.” The story reads: ‘We have rated American Ecology a buy since October 2005. Strengths such as revenue growth, a largely solid financial position, and a notable return on equity influenced this rating. For the first quarter of fiscal 2008, American Ecology's revenue rose by 18.6% year-over-year. This growth appears to have trickled down to the bottom line, improving earnings per share (EPS) by 18.5% over the first quarter of 2007’…
“The chart for American Ecology looks very bullish. The stock has bounced smartly off its trend line; however, the RSI is showing short-term headwinds. The stock may continue its ascent through momentum buying. But profit-taking will most likely be stronger. RSI 30 has not been penetrated and confirms confident buying as prices retreat...”
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Source: TwinTrader.com
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Scott Sanchez, (214)-317-5947
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