NewStream Energy Technologies Group Inc (NSGP)

[trader53]

Why CCTC is a "Bull Flag Pattern",

Two charts for you to compare:

First, AGEN 6-month-weekly.

http://stockcharts.com/h-sc/ui?s=AGEN&p=W&yr=0&mn=6&dy=0&id=p21074794522

Notice the RSI, MACD, and Stochastic.
Notice the Flag Pole , .60c up to $1.20 the week of January 11th.
The "a,b,c" correction was .71c, .85c, .70c.
The "Swing" was $1.20 - .70c = .50c, .50c + $1.20 = $1.70 target.
Actual high, turned out to be #1.72

Now for CCTC, 6-month-weekly.

http://stockcharts.com/h-sc/ui?s=CCTC&p=W&yr=0&mn=6&dy=0&id=p46002046130

Notice the RSI, MACD, and the Stochastic.
Notice the Flag Pole, .034c up to .42c the week of February 16th.
The "a,b,c" correction was .10c to .18c , and the larger "a,b,c" is .10c up to .185c, and hitting .106c.

My "Swing" target for CCTC is .42c - .106c = .314c,
.314c + .42c = .734c target.

Lastly, notice the number of weeks the channel took in AGEN, from the top of the Flag Pole at $1.20, down to .70c. It was 12-weeks.

Now count the number of weeks CCTC has been in its channel.
From .42c high of the Flag Pole, down to where it is currently, it is 12-weeks.

My target for CCTC is .74c minimum !!!