NewStream Energy Technologies Group Inc (NSGP)

[trader53]

A Technical Observation: Thursday June 17th

During the week of February 8th-16th, CCTC bottomed at 0.034c, then rose to 0.050c, then moved side-ways, a period of 4-days, and a spread of 0.016c, before the BIG JUMP on the 17th.This, after a 5-wave decline (0.18c down to 0.034c).

Currently, over the last 4-days, CCTC bottomed at 0.062c and rose to 0.080c, a spread of 0.018c, then moved side-ways, and is displaying a very similar price pattern, and today is June 17th. This, also, after a 5-wave decline (0.185c down to 0.062c).

IMO, we have a similar set-up here, and could see a jump in the pps, just like that of February 17th and 18th.

http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p58126448042