StockWatch (April 16-20, 2007): IPVG, SM, DGTL

IPVG(Chart: Daily Resistance: 7.10 Support: 6.40)

IPVG seems to be forming an ascending triangle with resistance at 7.10. Target price for this ascending triangle is 9.10. Recommendation: Watch out if price continues to move down. Buy if the support at 6.40 holds.

SM (Chart: Daily Resistance: 375 Support: 360)

SM is forming an ascending triangle with TP at 425. Recommendation: Buy only on breakout at 380, cut loss at 370.

DGTL (Chart: Daily Resistance: 1.76 Support: 1.70)

DGTL is forming an ascending triangle with resistance at 1.76. Target price is 1.96. If it breaks out, it needs to take out the 65 day MA and the gap down at 1.90. Recommendation: Buy on breakout. Watch out for resistance at 1.90 if it breaks out without volume.