NewStream Energy Technologies Group Inc (NSGP)

[trader53]

JB61, I understand your concerns.

Hang-in there though, your expressions of concern are what are typically discussed at the point where investors get out of the stock out of frustration.

This also is the point at which a bottom is close at hand.

Consolidation patterns, such as the one CCTC is in, and has been in now for 11-weeks, last on average, for 12 weeks.

CCTC has a 1-2-3-4-5 sequence pattern in all of its moves, up and down.

From .034c to .42c, the pattern unfolded in this manner.
From $1.65 down to .034c, the pattern unfolded in this manner.
From .42c down to .108c, the pattern unfolded in this manner.
From .18c down to .10c, the same pattern.

...and finally, from .42c down to where the stock is now, it is unfolding in the same pattern, only we have yet to complete the pattern, and this is why the target I have of .097c will hit soon, to complete #5. Numbers 1,2,3 and 4 are complete.

The #5, is the final capitulation phase of the sequence move. It exhausts the selling and the buying, in the move up to a top, and the move down to a bottom.

People will sell soon out of frustration. That is how you know the stock is at the bottom.

http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p58446419237