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An example of a trend line break on consolidated edison ed is shown here.
How to read stock candles. When a stock is in an uptrend more hollow candles are present. The chart consists of individual candlesticks that show the opening closing high and low prices each day for the market they represent over a period of time. Same as what you see in the high price there should be a wick shadow but in this case it s in the lower part of the candle. When a break in a trend line occurs you may experience heavy selling. In order to read a candlestick chart figure out what each different part of a candlestick tells you then study the different shapes to learn about market trends.
Bar charts just above and below the real body are the shadows or wicks the shadows show the high and low prices of that day s trading. No wick shadow means that the close price is the lowest price.
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