They say traders hate gaps in charts and that appears to be the case today. Shares of Regen Biopharma Inc (OTCMKTS:RGBP) gapped up Monday going from the high Friday of .029 to the open Monday at .038 leaving an unsightly gap in the chart.
Tuesday shares of RGBP traded lower and the gap was closed today sending the stock higher.
Market action
RGBP opened the day at .0359 advanced a little early then traded lower till the gap was closed at about 2:30. RGBP traded over 1 billion shares. The stock closed on its highs right at the first potential pivot point of .046. Also keep an eye on the .054 and .0711 areas for potential resistance.
Last week Regen Biopharma Inc filed an 8k regarding its 10Ks and 10Qs
Regen Biopharma, Inc. (the “Company”) is in the process of preparing financial statements in order that Company may have such statements audited (in the case of Annual Financial Statements) and reviewed (in the case of Quarterly Financial Statements).
Upon completion of the aforementioned audits and reviews and preparation of the required reports, the Company intends file the following delinquent periodic reports with United States Securities and Exchange Commission:
• Form 10-K for the Fiscal Year ended September 30, 2019
• Form 10-Q for the Quarter ended December 31, 2019
• Form 10-Q for the Quarter ended March 31, 2020
• Form 10-Q for the Quarter ended June 30, 2020
• Form 10-K for the Fiscal Year ended September 30, 2020
• Form 10-Q for the Quarter ended December 31, 2020
Now that the gap is closed and the stock traded higher today this may be a good one for your watchlist.
 Closes Gap and Bounces. What’s Next?){kind=link}