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Author: capgains00 One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 6326  
Subject: Basic question on stock charting Date: 10/6/2009 8:40 PM
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On a market oriented web site I recently saw a 1-day chart with a horizontal line drawn across the full span of the chart at the point of the stock's current price. I don't recall seeing that line on any other 1-day charts I'd seen before. So, I wanted to ask the charting experts on this board if that line makes sense to include on a 1-day chart and what useful purpose it serves, or would they prefer a 1-day chart without that line.

Another related question- which of these chart styles would you find more useful for a 1-day chart:

-conventional style chart with standard horizontal gridlines at uniform intervals, along with a horizontal line at the prior day's close.

-chart without standard horizontal gridlines, but instead has 4 horizontal lines at these points: day's high, day's low, prior day close, and current price, with those values called out on the right side of the chart where standard horizontal gridlines are normally labeled.
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