Everything about candlestick

Summary

A candlestick is a device used to hold a candle upright in place. Most candlesticks have a cup, a spike, or both to secure the candle. Before the widespread adoption of electricity, candles were carried between rooms using a chamberstick—a short candlestick with a pan to catch dripping wax. Although electric lighting has largely replaced candles in daily use, candlesticks and candelabras remain common as decorative objects or for creating ambience during special occasions such as dinners, religious ceremonies, and commemorations.

Definitions

• A holder with a socket or spike for a candle.
• A gymnastics move in which the legs are pointed vertically upward.
• (investing) A color-coded bar showing the open and closing price of a stock on a Japanese candlestick chart.
• (of a parachute) To catch on fire, so that the chute resembles a tapered candle with a flame on top.
• (investing) To analyze stock behavior using Japanese candlestick charts.

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