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Bookmark and Share Stock Chart Analysis using Candlesticks

Candlesticks are used to analyze stock market stock price movements. Not real candlesticks I hasten to add, but Japanese candlesticks. Japanese candlesticks are a system devised hundreds of years ago by rice traders in Japan. They are used to show the high, low, opening and closing prices of a stock and connect the high and low of the time period being studied by means of a thin line. The opening and closing prices are the body of the candle, the high and low prices represent the wick. The body can be black and white or red and green depending on what candlestick software package you use. Candlesticks are used by many experts and if you are considering buying and selling stocks you would do well to make yourself better acquainted with candlesticks, they could save you a lot of heartache ! For furthe rinfo. click here ....

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Published 6 weeks 11 hours ago – Made popular 6 weeks 11 hours ago
Category: Business | Tags: | Referrer: seamist

Candlestick analysis is an

Candlestick analysis is an important part of stock technical analysis.

Candlestick charts are just a

Candlestick charts are just a way to represent the data. I prefer them to line charts as they show the intra-day volatility, but on their own they not trading signals, you still need to understand some basic technical indicators to make them useful for trading strategies.

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