Article: A Candle Is Better Than A Bar Any Day
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A Candle Is Better Than A Bar Any Day
There are various ways that stock prices are represented on charts.
The most common charts are what are known as:
? line
? bar
? candlestick.
Line charts are what you typically see on the TV or in newspapers. They represent price action by a single line.
They only show the closing prices of the stock and are of little use to traders. Because they do not show what has happened during the day.
Bar charts represent both the open and close prices. In addition, they include the high and low of the day. These four prices are critical for your full analysis of a stock?s price action.
Candlestick charts show us all the price information of a bar chart but in a far more graphical and clear way.
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