NewStream Energy Technologies Group Inc (NSGP)

[trader53]

Still maintain that the weekly chart is giving us a very good look into the direction of CCTC, over the next 3-weeks.

Still believe that .42c will be broken thru on Friday,
and that $1.20 is within reach next week,
and better than $1.20 the following week,
before we see some heavy profit taking come in to drive the stock down better than 50% from the highs gained.

IMHO, CCTC is moving up very well on a momentum basis and the RSI on the weekly chart reflects this.

The RSI should IMO continue to show strength and should move up above 90.

I still have a targets of .74c, $1.20, $2.00, and $2.52

and that it will be a traders paradise, because the stock will make big % moves up and down.

http://stockcharts.com/h-sc/ui?s=CCTC&p=W&yr=1&mn=0&dy=0&id=p90331333224