let us discuss if you want to track the progress of the stock market daily. which type of chart should you use?
Line Chart:
First is a line chart where you can check the live progress of the stock
- It shows trends and overall movement of stock prices over time.
- Each point value on the line represents the closing price of the stock for a specific day.
- very much used for identifying trends and general market direction.
Candlestick chart :
- all mostly use this kind of chart with more detailed information than a line chart.
- Every “candlestick” represents the high, low, open, and close prices for a specific day.
- The body of the candlestick is filled or hollow, indicating whether the closing price was higher or lower than the opening price and you see it in different frames like 5 min,1 min, etc
- https://toptrendybuzz.com/stock-market-update-if-you-want-a-profit-of-24-then-invest-in-these-3-stocks-quickly/
Most all traders used candlestick patternswith different time frames using trading .com .by this you can make out the progress of stock and few indicators which will explain in next topic .
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