NewStream Energy Technologies Group Inc (NSGP)

[trader53]

nameofthegame, I completely agree.

CCTC should trend side-ways today Wednesday, Thursday and Friday, and then Monday and Tuesday next week are very likely the days that will be the days for a PR to be released.

Makes sense that if a PR is to be released on the mid-month date, that it be on the 15th, or so, and that the days leading up to that date be building block days. The fact, that you point out of the CEO being at the Seminar until the 10th Thursday will account for the side-ways movement in the stock.

If you review the chart, and the days preceeding the PR on February 17th, you'll find that the stock bottomed 4 days prior, and slowly trended side-ways into the end of that week, and Monday, Tuesday and Wednesday of the following week were all up days. I think we have a similar situation here currently. The technical indicators are lined up in a similar way as well. We have divergences in both scenarios.


http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p63451309063