Understanding how to read a candlestick chart can be a real asset during your investment journey. With that in mind, we'll break down the basics for you here.

The 5-minute chart is especially helpful in the first 60 minutes of a trading day. The time per candle is long enough to analyze the stock and to prepare the orders.

In this chart, the 2-day high breakout occurs during the opening 5 minutes of the 2nd day, with a wide-range candle as highlighted in Figure 2. After this wide-range opening candle, a pullback ...

Candlesticks are a type of graphic used in technical analysis of an asset to display its high, low, open, and close prices over a period.

Aggressive: Enter long on a 1–2-tick close above 5,980.75 on 5-minute bars (confirm with rising 5-min VWAP). Conservative: Wait for 6,000.00 to be taken out intra-day (a daily chart candle close ...

Quick analysis of a few broad market averages. What growth stocks are setting up to move higher. How to buy breakaway gap ups using a 5-minute chart. Every Friday, we publish a stock trading video ...