SNDK Red Candle, Higher Close: How to Read It
Summary
Hollow Point Trading shares a short video explaining how an SNDK candle can be red yet close higher than the previous candle. It compares the candle’s open at 1669.70 and close at 1669.31 with the prior close of 1669.11, clarifying the difference between candle color and close-to-close change.
https://youtu.be/WOf9zJuq4o0
SNDK: A red candle can close higher #Shorts
This Sandisk candle is red because it closes below its own open. Its open is 1669.70, and its close is 1669.31. But the preceding candle closed at 1669.11. The red candle still closes higher than that previous close. Candle color compares the open and close within one candle. Close to close change compares two candles. Read the reference before ...
