To be successful at reading Candlestick charts, you first must understand the construction of a candlestick.
Open - This is the price as to which a stock begins trading at when the stock market session opens and whichever time period you're looking at. For example, a daily chart, this would be what the stock began trading at when the stock market opened.
Close - This is the price as which a stock stops trading at during whichever time period you're looking at. Example would be, if a you're looking at a 5 min chart, this would be where the stock closed at the end of the 5 minutes.
Upper shadow - This area represents the stocks highest price for a given time period, and if the price falls from the highest point. This shows that the price was rejected from the highest point to trade lower.
Lower Shadow - This area represents the stocks lowest price for a given time period, and if the price goes up from its lowest point. This shows that the price was rejected from the lowest point to trade higher.
Real Body - This area represents where all of the buying and selling took place and ended for whichever time period you are looking at. When the body is green, this lets you know that there were more buyers than sellers. The opposite is true for the a red body candle indicating there were more sellers than buyers.
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I am so.so.so grateful for the ladies in my life that make it possible for me to learn and practice acroyoga. I consider @acroavory and @mkbirdsell my ‘regular partners’ and they each support me and allow me to grow in different ways. Can’t wait to do more teaching with Avory this weekend! We are on a roll 😍 And her caption on this post 👇🏻 is literally the nicest thing anyone has ever said about me. 😭😭😭🙏🏻🙏🏻🙏🏻❤️❤️❤️
#Repost@acroavory with @get_repost
More play this weekend with one of the bass-iest bases! ;) She makes me feel safe and supported, and isn’t that all we need?? Can’t wait to instruct with you more this weekend! #acro#funwithfriends#ladybase#candlestick#acroyoga#liftyourfriends#trust#pike#holdme
Thank you guys so much for an amazing collection release! I'm consistently awed by the support you guys give me 😭 I hope you all love everything even more in person. 💕 Most things are gone, but there are still a few candlestick holders, tealight holders, 1 besom, and 1 moon hanging! Link in bio 😘 I'm starting to get some things made and supplies ordered for the next collection, which this time I PROMISE will have more moon decor!! I get so behind my schedule sometimes 😴 i sculpted the large pentacle wall hanging to keep for my own .
I posted a FAQ in my stories this afternoon! If you think theres something else I should answer DM me 💕