The price chart is the most basic tool of technical analysis, featuring simplicity and intuitiveness. Currently, the popular candlestick chart in the country is widely used in various technical analysis software. The candlestick, also known as the candle line, is drawn based on the daily opening price, highest price, lowest price, and closing price. The entity is formed between the opening price and the closing price; if the closing price is higher than the opening price, the candlestick is a bullish line, otherwise it is a bearish line. Similarly, weekly, monthly, or yearly price data can be used to draw weekly charts, monthly charts, and yearly charts.
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