What do the candles mean on the stock chart on Webull?
Asked 4 years ago
I'm learning how to read Webull charts. However, I don't really understand the colors or the timeframes on a candlestick chart. Any advice that can help me understand this?
Osasere Okunloye
Monday, October 04, 2021
Candlestick charts are used to determine the next action of the market based on past patterns. About the colour, If the body is painted black, it means the open price was higher than the close price. If it is empty, it means that the close price was higher than the open price.
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