Mike Lindell Media Corp (MLMC)

[dart1961]

Looks like a "doji star"
No gap though
http://trade10.com/Doji.html
Doji

A Doji is a name of a candlestick in Japanese Candlestick charting. This type of charts allow for a quick visual digestion of changing supply and demand patterns. The Doji is one of many types of patterns or candlesticks that give implication as to future price action. The Doji is simply a formation in which the open and close are the same. This candlestick is a component of many important candlestick patterns such as the Doji Star which is a Doji which gaps above or below a white or black candlestick. The Doji star is a reversal signal with confirmation to be made during the next trading period.



Japanese's Candlesticks allow for a quick digestion of supply and demand but some of the interpretations of candlestick formations should be supported with a wide body of other information before trading. Most of the Japanese Candlestick patterns are psychologically based interpretations. A type of trading atmosphere that often creates a particular formation of candlesticks or an individual candlestick is the result of a struggle between supply and demand elements and does reoccur but often cannot be used with a high confidence in predicting future price action.