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When a break in a trend line occurs you may experience heavy selling.
How to read stock candles. This displays the lowest price traded during the period timeframe of the candle. 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. If the upper shadow on a down candle is. An example of a trend line break on consolidated edison ed is shown here. When a stock is in an uptrend more hollow candles are present.
No wick shadow means that the close price is the lowest price. 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.
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