Replies to post #16970 on NewStream Energy Technologies Group Inc (NSGP)

[trader53]

I have been watching a lot of stocks,

and pay close attention to their patterns.

CCTC has a similar pattern to many of the stocks I've watched.

Many of these stocks have formed the "Bullish Flag Pattern".

This pattern, in reguard to many of these stocks, formed over a
10-14 week trading channel, after the flag pole formed.

Currently, CCTC has been in a 12-13 week channel.

This is why I am expecting the BIG move to happen soon, and have been expecting it over the last several days.

CCTC is "primed to go up" any day.

Every day it fails, I see the chance for the next day for it to happen, because it is so close.

Right now, I can see the chance for a sideways move to up slightly, to 0.13c today, then a BIG move up tomorrow Thursday to perhaps 0.26c, and then a strong follow-thru on Friday, to 0.74c
my "Swing Target".

Yes, I agree that NEWS is needed.

Technically, the chart is telling us that NEWS is "Imminent", because, the price of a stock tends to go down in advance of the NEWS announcement. CCTC is well positioned for this upcoming move up, because it has been brought down in "Elliott Wave" fashion, and is nicely set-up with regard to the MACD Positive Divergence over the last 3-months, and the "Bullish Flag Pattern".

http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p45855704605

[Entangled Proton]

CCTC dropped on extremely low volume this time. It sould produce a bounce based on technicals this time. The OTC volume is low right now and a lot of people are trying to get loaded at the bottom. It would seem the dilution has stopped and there isn't the sell pressure to fill the buy demand. Once those orders are filled I'm sure the buyers are going to start the push. Should be an easy start as it looks like the ask is still gapped up to .125.