NewStream Energy Technologies Group Inc (NSGP)

[trader53]

There are two H&S patterns.

A BIG Reverse H&S implying an BIG move up is coming, as seen from the .42c high down to .1081c, up to .18c, down to .10c, up to .185c, down to the current .12c. This pattern is over the last 11-weeks.

...then there is the regular H&S pattern over the last 5-weeks, which implies lower prices, where .10c is the neck line, .15c is the Left-Shoulder, .185c is the Head, and .16c is the
Right-Shoulder.

http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p09807848408

My view currently, is that the BIG H&S pattern will not hold.
because a move under .10c will change that pattern. If .11c were to hold, then the BIG Reverse H&S would still be in place. Since the price is showing weakness, and I expect .097c to be reached, the regular H&S pattern over the last 5-weeks is the one I'm focused on now.