NewStream Energy Technologies Group Inc (NSGP)

[trader53]

Head & Shoulders Bottoms....

...are sometimes symmetrical, meaning that the Left Shoulder and Right Shoulder are at nearly the same price level.

On the chart of CCTC, the Left Shoulder is at .075c

The Head, is at .034c,

The Right Shoulder, already in the forming process, might need to come down close to .075c, to equal the Left Shoulder.

It doesn't have to do this, but some H&S Patterns display this pattern.

This scenario would also fit in with the a,b,c corrective phase described by Elliott Wave Theory. The "a" being .108c, "b" being
.18c, and we have "c" to go yet, which would be the either .096c, or .075c.

http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p08632549708

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:head_and_shoulders_b