What is a candlestick chart?

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What is a candlestick chart?

A candlestick chart is a type of financial chart used to represent the price movement of a stock or security over a specific period of time. It consists of individual "candles" that display the opening, closing, high, and low prices for a given time period. The body of the candle is colored to indicate whether the stock price increased or decreased during that time period. The chart also includes "wicks" or "shadows" that represent the range between the high and low prices. Candlestick charts are commonly used by traders and investors to analyze and predict future price movements.