#看懂K线 Entity Part: The candlestick entity part is composed of the opening price and the closing price. The opening price refers to the first transaction price of a financial product at the beginning of a trading day, while the closing price refers to the last transaction price at the end of the trading day. If the closing price is higher than the opening price, the entity part is usually represented in red (a commonly used color in the Chinese stock market), referred to as a bullish candle; the longer the entity, the greater the increase in stock price. If the closing price is lower than the opening price, the entity part is represented in green (another commonly used color in the Chinese stock market), referred to as a bearish candle; the longer the entity, the greater the decrease in stock price.
• Upper and Lower Shadows: The upper shadow is the line segment that extends from the highest price of the entity to the highest price of the day, while the lower shadow is the line segment that extends from the lowest price of the entity to the lowest price of the day. The length of the shadows reflects the strength of resistance or support that the stock price experienced during the day's trading.