Lyric

Stock charts are made of candlesticks, you see

If it's rising to the right, it means the stock price is climbing, and a downward slope to the right means it's falling, just like the graphs we learn in school

Candlesticks are brilliant

A single stick contains open, high, low, and close price information

If one is long, it means the stock price moved a lot

For instance, if the opening price is low and the closing price is far higher, it's considered a huge surge

Conversely, if the opening price is high and the closing price is significantly lower, it indicates a drastic drop

Simple, right?

A single candlestick in a daily chart and a weekly chart means different things

A daily represents one day, and a weekly maps out a week's worth of stock movements

Candlesticks can also be analyzed in combination

For example, if two sticks are positioned far apart, it's called 'gapping.'

There's also something called a 'trend line' drawn above the candlesticks for analysis

Drawing this line helps to clearly understand the stock's trend