Angie’s List, Inc. (ANGI), for a monthly fee, helps buyers find and review local house cleaners, contractors, health providers and mechanics etc.

Fundamentals: Company did nearly $178 million in sales for the last 12 months, giving it a 68% growth rate (yoy). Yay! But it also posted an EBITDA loss of nearly $43 million. Boo. If it weren’t for an average analyst forecast of 179.50% growth for next year we wouldn’t be interested.

First Hand: Product is worth monthly subscription fee of less than $5 as it saves users time weeding through their local services market, giving some degree of confidence for those looking for good reputations of various professionals.

Technicals: $20 mark is key here. We like the rapid acceleration in gap ups this year, though we’re not seeing the accumulation days that illustrate decent institutional backing. ANGI broke out of a year long base in April. A test of that base at under $20 may be in store in the coming months. See it how it holds up then.

Bottom Line: Worth watching, but we’re not yet buyers.