NewStream Energy Technologies Group Inc (NSGP)

[trader53]

Technical Targets, for Monday, May 24th.

As some have pointed out, my targets did not get met last week.
That does not mean, however, that they can't get hit next week.
The purpose of these "Target Updates", is to keep everyone informed about where I believe the stock is headed, even if I'm off by a day, or two, or a week.

My "Targets" for this week are:

1st Swing Target = 0.282c
(0.185c - 0.087c) = 0.098c, (0.098c + 0.185c) = 0.283c

2nd Swing Target = 0.752c
(0.42c - 0.087c) = 0.333c, (0.333c + 0.42c) = 0.753c

Overshoot Swing Target = possible $1.15 (the April 2008 Support)

http://barchart.com/chart.php?sym=CCTC&style=technical&p=DO&d=M&sd=&ed=&size=M&log=0&t=BAR&v=1&g=1&evnt=1&late=1&o1=&o2=&o3=&indicators=SMA%2820%2C16711680%29%3BMFI%2814%2C255%2C100%2C39168%2C16711680%29%3BSSTO%2814%2C3%2C16763904%2C6724095%29&chartindicator_1_code=SMA&chartindicator_1_param_0=20&chartindicator_1_param_1=16711680&chartindicator_2_code=MFI&chartindicator_2_param_0=14&chartindicator_2_param_1=255&chartindicator_2_param_2=100&chartindicator_2_param_3=39168&chartindicator_2_param_4=16711680&chartindicator_3_code=SSTO&chartindicator_3_param_0=14&chartindicator_3_param_1=3&chartindicator_3_param_2=16763904&chartindicator_3_param_3=6724095&addindicator=&submitted=1&fpage=&txtDate=&x=25&y=9

http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p84089246943

Weekly chart:
http://stockcharts.com/h-sc/ui?s=CCTC&p=W&yr=3&mn=0&dy=0&id=p35185087949