One Step Ahead

[gman850]

Grumps, a quick beginners lesson on the SSWH chart.

This is a candlestick chart which provides a good visual.
One horizontal line is drawn for the opening price and one for the closing price.
The vertical line shows the range from the low of the day to the high of the day.
When a candle is white or hollow, it means the price closed higher than the open.
When the candle is colored in or black, it closed lower then the opening price.
The blue curved line on this chart is the 50 day moving average which plots a point each day based on the average price over the last 50 days.
The good news is the 50 day moving average keeps moving up and the price of this stock while touching this average has not gone below it and keeps "bouncing" off of it.

Hope this helps a little.

gman