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No wick shadow means that the close price is the lowest price.
How to read stock candles. The chart consists of individual candlesticks that show the opening closing high and low prices each day for the market they represent over a period of time. When a break in a trend line occurs you may experience heavy selling. Same as what you see in the high price there should be a wick shadow but in this case it s in the lower part of the candle. On most charts if you can draw a multi month trend line the candle that closes below the trend line is usually a big filled candle. An example of a trend line break on consolidated edison ed is shown here.
When a stock is in an uptrend more hollow candles are present. In order to read a candlestick chart figure out what each different part of a candlestick tells you then study the different shapes to learn about market trends.
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