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Strategies & Market Trends : Ask Vendit Off-Topic Questions
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To: IHateSourCream who wrote (4855)2/11/2005 10:51:14 AM
From: Vendit™  Read Replies (1) of 8752
 
Good morning IHSC,

The REAL BODY:

The real body is the 2-dimensional rectangle made by the difference between the open and close of the trading day. The real body will be white on days that the stock closes higher than it opens, and black on days that it closes lower than it opens.

The UPPER AND LOWER SHADOWS:

The upper shadow is the vertical line drawn from the top of the candlestick's real body to the day's high. The lower shadow is the vertical line drawn from the bottom of the candlestick's real body to the day's low.

I hope this helps.

Reid
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