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Username: LuckyWoman

Rating:
Guru Stars

Asked to: Heng Kim

Date Created: 13 Feb 2015
Category 28
Tag Forex
Question What is the candlestick?
Advice from Guru
Hello Lucky Woman,

A chart that displays the high, low, opening and closing prices for a security for a single day. The wide part of the candlestick is called the "real body" and tells investors whether the closing price was higher or lower than the opening price (black/red if the stock closed lower, white/green if the stock closed higher). The candlestick's shadows show the day's high and lows and how they compare to the open and close. A candlestick's shape varies based on the relationship between the day's high, low, opening and closing prices.

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