NewStream Energy Technologies Group Inc (NSGP)

[trader53]

One of my Strongest Indicators for a

.....rise in the stocks price next week,

is the "Positive Divergence", between the stocks "Price" and the
"MFI- Money Flow Index".

Whe the Price is trending downward, and at the same time, the MFI is trending-up, in the opposite direction, you have a "Divergence".

This kind of Divergence is Bullish, and indicates a price trend reversal. This means that the Price is about reverse from having trended down to about to be going up !!

Example:
http://www.stock-charts-made-easy.com/images/RSI_Bullish_20041025_HB.png

The chart below will display this "Divergence" in two areas:

1. January 10th thru February 10th
2. April 30th thru May 14th

***Note that there had bee a 5-Wave pattern fall from January 10th thru February 10th, and that from April 12th thru May 14th.

http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p98956601659

***Note also, that CCTC surged from 0.034c to 0.42c from February 10th
thru February 18th.

IMO, CCTC will surge from Fridays low of 0.0885c to 0.74c soon !

http://barchart.com/chart.php?sym=CCTC&style=technical&p=D&d=O&sd=&ed=&size=M&log=0&t=BAR&v=1&g=1&evnt=1&late=1&o1=&o2=&o3=&indicators=MFI%2814%2C255%2C100%2C39168%2C16711680%29&chartindicator_1_code=MFI&chartindicator_1_param_0=14&chartindicator_1_param_1=255&chartindicator_1_param_2=100&chartindicator_1_param_3=39168&chartindicator_1_param_4=16711680&addindicator=&submitted=1&fpage=&txtDate=&x=87&y=11