Line chart - Stock chart that plots a line from closing price to closing price
This is the simplest form of chart available to the technical analyst. An example would have time presented along the X-axis and price on the Y-axis. The actual time function that you plot will depend on your position in the market - a market maker will be interested in price fluctuations on a minute-by-minute basis, whilst the average investor will only be interested in a price on a daily or even weekly basis. Any price may be plotted on a line chart, but the most common is the closing, mid-price.The main attraction to the analyst of drawing line charts is their simplicity. They present an uncluttered picture of price movements and are very easy to understand.
Line chart : stock chart that plots a line from closing price to closing price
this is the simplest form of chart available to the technical analyst. an example would have time presented along the x-axis and price on the y-axis. the actual time function that you plot will depend on your position in the market - a market maker will be interested in price fluctuations on a minute-by-minute basis, whilst the average investor will only be interested in a price on a daily or even weekly basis. any price may be plotted on a line chart, but the most common is the closing, mid-price.the main attraction to the analyst of drawing line charts is their simplicity. they present an uncluttered picture of price movements and are very easy to understand.
Line chart