Candlestick chart analysis is an amazingly visceral way to represent technical analysis in stocks. It actually comes from Japan and originated in rice futures trading.
The resemblance to candlesticks gives this method its name. Seen together on a chart, the candlesticks reveal the same information - and sometimes more - that Western technical analysis does. It's quicker visually to grasp and the patterns have great names like "gravestone," "shooting star," and "spinning tops."
Candlestick charting is great for determining market direction and particularly useful to short-term traders.
I have ordered more candlestick charting books, but here's a link to our current holdings.
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