Life Clips Inc (fka LCLP)

[foxi]

There was a huge gap to fill between yesterday's high of .052 and today's open at .058. (After hours a few shares traded hands and price moved drastically on near-zero volume.) Doesn't matter how high PPS went today, the market will naturally demand to fill such a gap to test how trading behaves at those missing levels.

Traders actually DIDN'T close the gap so we'll probably see price dip pretty hardcore on Monday. But once that gap is filled, LCLP could totally resume its run!

Today's candle on the daily chart is a big dramatic "shooting star." It's a bearish candle and could also signal the end of the run. Acquisition news is big and there's more in the pipeline, so hopefully it's just a temporary pullback. Also we can't confirm the candle means a changing trend until at least another full trading day. (It could rebound on Monday)

https://www.ig.com/us/trading-strategies/16-candlestick-patterns-every-trader-should-know-180615