NewStream Energy Technologies Group Inc (NSGP)

[trader53]

Technical Observation, for Wednesday, July 14th.

CCTC MACD Alert:
Bottom Bullish Divergence !!!!
http://www.stockta.com/cgi-bin/analysis.pl?symb=cctc&table=macd&mode=table


Short-Term Resistance is at 0.0698c and 0.08c
Support is 0.05c.

http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p33032264176


STOCHASTIC ALERT:
http://www.stockta.com/cgi-bin/analysis.pl?symb=CCTC&table=stoch&mode=table

TREND ALERT: Intermediate-Term Downward Sloping Trading Channel
Intermediate-Term Bullish Breakout !!!!!!
Short-Term Downward Sloping Trading Channel
Short-Term Bullish Breakout !!!!

http://www.stockta.com/cgi-bin/analysis.pl?symb=cctc&table=trend&mode=table

http://barchart.com/chart.php?sym=CCTC&style=technical&p=DO&d=O&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=49&y=5

3-STARS
http://www.allotcbb.com/quote.php?symbol=cctc

There exists the possibility, that this move is a "real" breakout, out of the channel that the stock has been in since the top on April 12th, at 0.185c. Three "Fan Lines" can be drawn from that "pivot-point" of 0.185c, and Mondays move took the pps outside of the channel.

If the stock pulls back today, and moves down toward 0.051c and holds, I think that the stock could then stand a chance of going above 0.0689c.

http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p48985758817