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Topic: Red candle when stock is up |
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ffeinlands0
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Posted on: Jun 17, 2005 - 3:45pm
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I'm looking at ERS today. It gapped up slightly at the open and has been positive all day. The volume is showing green, how come the candle is painted red?
F
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dan.chapmano3
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Posted on: Jun 20, 2005 - 12:24pm
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When the current daily price or close is lower than the opening price
the candle will be painted red. This is the case with the
stock ERS today.
Here is a quick tutorial:
http://www.altavest.com/candlesticks.html
Dan
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ffeinlands0
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Posted on: Jun 20, 2005 - 4:23pm
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I agree with the candle's color today - there was an anomolous 200 shares traded at 12.59 in the pre-market. However, when I wrote this, ERS had gapped up from the previous close and never went below the open. The candle should have been green all day.
F
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dan.chapmano3
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Posted on: Jun 27, 2005 - 1:03pm
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Our data provider had the official opening price higher , so in those cases the
candle will be painted red.
Dan
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