THE CANDLESTICK COURSE = . Ona daily chart, a white real body means that today's a. close ts higher than yesterday's close. . close ts higher than today's open. ¢. open is higher than yesterday's opening price, d. close ts lower than today’s open. . What portion of the candlestick line do you think is referred to as the “essence of the price movernent"? a. The upper shadow b. The lower shadow c. The close 4. The real body 8. The last hour and close of the stock market are important because a. this is the time when market participants, fromm individuals to institu- tons, may close out existing positions or open new ones, b. fund managers switch sectors ¢. traders with short positions cover them 4. the closing bell on the floor of the NYSE.1s nmg by a prominent person 9, Using data points in Exhibit 1.2, drav the candlestick lines. Session 1 23 28 23 4 Session 2 30 0 4 OF Session 3 a 29 26 a7 Session 4 21 26 21 26 Session 5 24 7 21 23 EXBIBIT 1.2 Data Points 10, In Exhibit 1.3, for line x, area 2 represents the a. close b. open. ¢. low. a. high