NewStream Energy Technologies Group Inc (NSGP)

[ospreyeye]

when others see fear/I see opportunity$$$.....if you're a buyer, this is the place to do it IMO$$$.....throw up a daily, 26 day chart....put in the MACD histogram......now, starting on the breakout day, count the # of up bars....that's 13......now, starting on the 9th, count the # of down bars...there's 11....if you look at the whole chart, you'll see that the down bars are a mirror of the up bars.....that's what we call an ECHO.....according to Echo Theory we will have completed this cycle in 2 days....IMO today will be the final spike down, then we work our way back up to positive......many technical traders like to buy right at this point where the MACD has spiked to down side and turning up.....this eliminates most downside risk....also, look at the ask.....do you see people dumping?....I don't.....only one sell order below yesterday's closing price....this has bottomed IMO and will finish green$$$