NewStream Energy Technologies Group Inc (NSGP)

[trader53]

"Revised" Technical Update, for Wednesday, July 14th.

Note: I have made adjustments and changes to the "Wave" structure to reflect the "Primary Wave". Primary Waves, are made up of
5-Minor Waves.

IMO, this rally is for real !
I will be BUYING on any pullback near 0.051c.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p84857465707


The resistance level of 0.114c continues to be the "key" to the upside potential. If the stock can get above 0.114c, there is no "resistance" until 0.27c, and once that is penetrated, the stock can then move up fast, to over $1.00.

http://www.stockta.com/cgi-bin/analysis.pl?symb=CCTC&num1=569&cobrand=&mode=stock

http://www.optionsoutlet.com/trading_technicals/images/improv25.gif

http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p77310793096

CCTC may have reached bottom Friday June 30th,at 0.05c, to establish Wave 2(red),
(a,b,c corrective phase).
http://www.optionsoutlet.com/trading_technicals/images/improv32.gif

Wave 3(red) may be beginning,
CCTC is now positioned for a strong move-up. A NEW, "lower low", is now in place at 0.05c, from the high of 0.42c, that was set on February 18th.


Refer to 5-Wave "Elliott Wave" Chart below:
http://www.ensignsoftware.net/images/20-4.gif


Where CCTC is Currently:

Primary Wave 3(red) July 30th
Minor 1= 0.06c Minor 2=0.051c Minor 3=0.0689c Minor 4=

Primary Wave 2(red) February 18th - June 30th Corrective Wave
A=.10c B=.185c C=.05c

Primary Wave 1(red) February 10th - 18th Impulse Wave (6-days)
Minor 1=.05c Minor 2=.035c Minor 3=.13c Minor 4=.12c Minor 5=.42c

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

MACD Alerts:
BottomBullishDivergence !!!!!

http://www.stockta.com/cgi-bin/analysis.pl?symb=CCTC&table=macd&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