NewStream Energy Technologies Group Inc (NSGP)

[humblehawk]

Bearish move ahead for CCTC.

Chart indicates downward price action:


http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p72012287758

* money flow leaving or selling; coming out of issue (MF going down to 20 area; that is usually area where one may think about going long bc that is when money comes out and it is usually a "cycle" and comes back

* showing signs of distribution; generally not a good sign. Shows prices (maybe) are invevitabley high

things can change..but so far from the chart

it looks like .05 - .10 may be tested.

would say hope there should be support around .10 - .11


*trend lines broken 2 so far....gives rise to further PPS decline

check back with the chart to see how it changes daily with the volume and how the indicators are affected

JMO