Zuks do a google search on WD Gann as there is some very good free info on understanding charts and how to interpret them .
To me the best way to understand a chart is to look at daily, weekly and monthly bar or candle charts [not just daily]
Another good way to understand charting is to do some research on pattern trading like here ;
https://www.google.com.au/search?q=pattern+trading+strategy&client=firefox-a&hs=kcR&rls=org.mozilla:en-US:official&channel=sb&biw=1280&bih=612&tbm=isch&imgil=jVbteyytJsFrQM%253A%253Bhttps%253A%252F%252Fencrypted-tbn1.gstatic.com%252Fimages%253Fq%253Dtbn%253AANd9GcT1SMKUaDdMpd5FkoqIaOJI3RZkb9HQgH3Co9kZEgE3RkArYZJukQ%253B665%253B292%253B_jZx0L6Km5yr8M%253Bhttp%25253A%25252F%25252Fwww.etoro.com%25252Feducation%25252Fhow-to-trade-a-trend-line-candlestick-pattern-trading-strategy.aspx&source=iu&usg=__BTPfPlceZ5QsX8Vz-vyo1lMF6Rw%3D&sa=X&ei=714rU8ThOMm0kgWVrIGIBA&ved=0CJMBEPUBMAg#facrc=_&imgrc=jVbteyytJsFrQM%253A%3B_jZx0L6Km5yr8M%3Bhttp%253A%252F%252Fwww.etoro.com%252Feducation%252Fsites%252Fdefault%252Ffiles%252F749.jpg%3Bhttp%253A%252F%252Fwww.etoro.com%252Feducation%252Fhow-to-trade-a-trend-line-candlestick-pattern-trading-strategy.aspx%3B665%3B292
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