trading candlestick

Trading candlestick is a way of tracking stock prices. It’s based on the idea that by looking at the chart of a stock’s price, you can tell if it’s going up or down. To do this, you look at the “candles” on the chart. A candle is a bar that shows the price of a stock over a certain period of time. For example, let’s say you want to look at a stock’s price over the past month. You would look at the chart and see 4 candles, one for each week. The top of each candle represents the highest price that the stock went up to during that week, and the bottom of each candle represents the lowest price the stock went down to. The body of the candle is the range between those two prices. If the body of the candle is filled in, it means that the stock closed lower than it opened. This is called a “bearish” candle and usually means that the stock is going down. If the body of the candle is hollow, it means the stock closed higher than it opened. This is called a “bullish” candle and usually means that the stock is going up. Fun Fact: In Japan, candlestick trading is known as “Munehisa Homma” which is named after a legendary Japanese trader who made a fortune through the technique in the 1700s!