UNH Candlestick Wicks: What a Wickless Bar Really Means
Summary
Hollow Point Trading shares a lesson on interpreting a historical UnitedHealth (UNH) IEX five-minute candle. The bar opened at $371.47 and closed at $372.25, with its low at the open and high at the close; the example shows why a candle with no visible wicks does not prove price moved only one way.
https://youtu.be/XVYzTOjfTnA
UNH candles: no wick does not prove a one-way path #UNH #Candlestic...
A candle without visible wicks does not prove price moved only one way. This historical UnitedHealth IEX five minute bar opened at three seventy one point four seven and closed at three seventy two point two five. The recorded low equals the open, and the high equals the close. Its body and full range both measure seventy eight cents. Those four...
