Understanding Chart Candles

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Understanding Chart Candles

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#1 (permalink)

09-13-2008, 06:46 PM

Stock_Analyzer Stock_Analyzer is offline

Chart Specialist

Join Date: Aug 2008

Posts: 446

Blog Entries: 1

Understanding Chart Candles

A visual lesson on how to understand chart candles
This information is from http://www.stockcharts.com

Originating in Japan over 300 years ago, candlestick charts have become quite popular in recent years. For a candlestick chart, the open, high, low and close are all required. A daily candlestick is based on the open price, the intraday high and low, and the close. A weekly candlestick is based on Monday's open, the weekly high-low range and Friday's close.

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