Home Business Connection : Candlestick Charting What Does Solid Candlestick Mean - Candlesticks have grown in popularity significantly over the last decade and a bit and originally a guy by the name of Steve Nison introduced them to the western worldhilst the scope of candlestick charting is extremely wide and varied we are going to concentrate on what a solid candlestick means when looking at the chartshe first thing you may note about candlesticks is that you can have open and solid candle and you typically have different colour candlesticks too, namely red and greenn Open CandlestickAn open candlestick simply means that the closing price for the day closed higher than where it opened at, resulting in a rise in the share expense between the open and the close Solid candlestickA solid candlestick means that the closing expense for the day closed lower than where it opened at, resulting in a fall in the share price between the open and close red candlestick A red candlestick frequently refers to a down day relative to the previous trading dayor example the prev ... [Read More - Home Business Connection]
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