Bloomberg Visual Guide to Candlestick Charting

Test Yourself: Answer the following as true or false:

1. Line charts provide the best insight to ongoing trends.
   1. True
   2. False
2. Line charts may include a single line or two lines, showing opening and closing prices.
   1. True
   2. False
3. The OHLC chart reports a stock’s options, high-risk, low-risk, and convergence data.
   1. True
   2. False
4. An OHLC chart reports data in a format entirely different from candlesticks.
   1. True
   2. False
5. With the Internet, old-style, more easily constructed charts are not necessary because they can be created online automatically.
   1. True
   2. False
6. ANSWERS