OHLC - The sign of bear market began.$Bank of America(BAC)$ $First Republic Bank(FRC)$ $Signature Bank(SBNY)$ 
An OHLC chart is a type of bar chart that shows open, high, low, and closing prices. It is a common chart type with several price action strategies based on it.
The vertical line represents the high and low for the period, while the line to the left marks the open price and the line to the right marks the closing price. This entire structure is called a bar.
When the close is above the open, the bar is often colored black. When the close is below the open the bar is often colored red.
The vertical height of an OHLC bar is indicative of the volatility during the period. If the line height is great, then traders know that there's a lot of volatility and indecision in the market.
https://www.investingnote.com/users/Amateur_Diary#/all
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments