In Retrospect: WEB, DMC, IPVG

WEB

Price moved sideways for WEB with the lowest at 0.46. Currently 0.046 seems to be the support. But this support level may still be tested this week as price can still move sideways to down. This is still eligible for range trading, but watch out for support level of 0.046 as it may be challenged and price can move down to 0.045-0.044.

DMC

Broke out of the triangle on the second trading day, but closed inside the triangle. The succeeding days also saw the price going to as high as 7.80 but still closing inside the triangle. The break out had substantial volume, but it seems that bears still has the upper hand at this time as it was able to prevent price from closing higher and maintain a closing price of 7.30. For this week, price may still move side to upwards. Watch out for resistance at 7.60 and 7.80. Looking at the larger picture, there is a symmetrical triangle that formed since 2005; its target price is at 9.0. This I think further confirms the target price of the smaller symmetrical triangle, but it may take a while for it to achieve the target price.

IPVG

Broke out of the ascending triangle, closing higher with substantial volume. MACD seems to confirm the break out, but RSI is near overbought level. If by Monday this stock gaps up, you can wait for the return move to get in.