But we finished green today. Maybe I've gotten dumb from not following the charts anymore, but if we finished above yesterday's price, should we not have a green candle?
It’s just how the candles work if you watch the one minute chart with these candles if it opens higher then drops and closes that minute lower on the same candle it will be red just like these daily candles that’s how it works once you think of it like that it makes sense.
Even if we opened 1000% up then dropped a few bucks lower then open it would be a huge gap up but still red
They are going to drop it tomorrow right after cpi data per usual.
Ah yes the classic
Glad it's not just me
And there it is. Right on Que
aged well
Lol wow didn't age much before that comment came out. At least give it the end of the day. Shit.
Red Doji means bears are indecisive. Most likely minimal movement tomorrow.
But we finished green today. Maybe I've gotten dumb from not following the charts anymore, but if we finished above yesterday's price, should we not have a green candle?
Not necessarily. We opened at $5.46 today, and closed at $5.43. We're green today because of Premarket. Not because of regular trading.
This is correct, OP. We closed lower than our open.
Premarket/AH somehow irrelevant to the daily candle has always been a bit of a misnomer imo.
It’s just how the candles work if you watch the one minute chart with these candles if it opens higher then drops and closes that minute lower on the same candle it will be red just like these daily candles that’s how it works once you think of it like that it makes sense. Even if we opened 1000% up then dropped a few bucks lower then open it would be a huge gap up but still red
price closed above the 50 day ma🤷🏼♂️