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If you’ve ever looked at a trading platform and seen a chart filled with rectangles and vertical lines, you’ve already encountered a candlestick chart — even if you didn’t realize it. These colorful ...
Traders often rely on Japanese candlestick charts to observe the price action of financial assets. Candlestick graphs give twice as much information as a standard line chart. They also allow you to ...
Stock charts help traders measure the movement and momentum of a stock's up and down trading patterns. Reading stock charts can give you key insights into a company's perceived value. Key components ...
You might be familiar with “island reversals” or “pennants”, “double bottoms” or “falling wedges”. These are some of the many recurring patterns that appear in stock charts that now have their own ...
The swing in MicroStrategy’s stock to a big loss from a big gain on Thursday produced a classic chart pattern that can act as a warning of further weakness. The software company and bitcoin play’s ...