Candlestick charts have a "love or leave" relationship with investors. People either love candlesticks and use them frequently, or are completely turned off by them.
There are several patterns people look for with candlestick charts, here are a few of the popular ones and what they mean:
Keep in mind there are over 20 other patterns used by technical analysts for candlestick charting.
Now, let's take a look at a more traditional style of charting stock price performance called "Point & Figure Charting."