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Lesson 1 of 2
Candlesticks Explained
The building blocks of charts
Each "candle" shows what happened to a stock's price over a period of time.
A candle has 4 parts:
- Open - Where the price started
- Close - Where the price ended
- High - The highest it went
- Low - The lowest it went
Colors:
- 🟢 Green = Price went UP (closed higher than it opened)
- 🔴 Red = Price went DOWN (closed lower than it opened)
The "body" shows open-to-close. The "wicks" show the highs and lows.