NewStream Energy Technologies Group Inc (NSGP)

[trader53]

Technical Update, Thursday June 17th.

Over these past 5-trading sessions, CCTC has diplayed a perfect 5-wave advance, followed by an a,b,c, corrective phase, and is now ready to move up to the next level, which I believe will be a huge move of "Impulse proportions".

the following chart shows the June 11th bottom of 0.062c moving up to 0.080c on June 14th. This was a 5-wave advance, able to be seen on an intra-day hourly chart.http://realtime.bigcharts.com/chart.asp?symb=CCTC&time=5dy&freq=15mi&compidx=aaaaa~0&lf=268435456&ma=0&uf=0&lf2=0&lf3=0&type=4&style=330&size=3&mocktick=1&35736

Over the following 4-days, the stock has taken on an a,b,c corrective phase down to the low of 0.068c.http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=1&dy=0&id=p54195480880

a,b,c, corrective phases are followed by the next 5-wave adnvance, which is higher that the first advance. This next advance up can take on many different levels in term of price. It could only be 0.03c, or it could be 0.12c, or 0.15c. I happen to believe that the next move will move above 0.16c, and then on the next day, follow thru with an even larger price move, the total of which could be a move to 0.76c, or higher, termed an "Impulse Move".http://www.optionsoutlet.com/trading_technicals/images/improv32.gif

This "Impulse move is what the stock had back on February 17th and 18th, when the stock moved up from 0.034c to 0.42c, easily seen on this weekly chart.http://stockcharts.com/h-sc/ui?s=CCTC&p=W&yr=1&mn=0&dy=0&id=p82740422641