<s>
The	O
Kagi	B-Application
chart	I-Application
(	O
)	O
is	O
a	O
chart	O
used	O
for	O
tracking	O
price	O
movements	O
and	O
to	O
make	O
decisions	O
on	O
purchasing	O
stock	O
.	O
</s>
<s>
It	O
differs	O
from	O
traditional	O
stock	O
charts	O
such	O
as	O
the	O
Candlestick	B-Application
chart	I-Application
by	O
being	O
mostly	O
independent	O
of	O
time	O
.	O
</s>
<s>
Due	O
to	O
its	O
effectiveness	O
in	O
showing	O
a	O
clear	O
path	O
of	O
price	O
movements	O
,	O
the	O
Kagi	B-Application
chart	I-Application
is	O
one	O
of	O
the	O
various	O
charts	O
that	O
investors	O
use	O
to	O
make	O
better	O
decisions	O
about	O
stocks	O
.	O
</s>
<s>
The	O
Kagi	B-Application
chart	I-Application
was	O
originally	O
developed	O
in	O
Japan	O
during	O
the	O
1870s	O
when	O
the	O
Japanese	O
stock	O
market	O
started	O
trading	O
.	O
</s>
<s>
Kagi	B-Application
charts	I-Application
look	O
similar	O
to	O
swing	O
charts	O
and	O
do	O
not	O
have	O
a	O
time	O
axis	O
.	O
</s>
<s>
A	O
Kagi	B-Application
chart	I-Application
is	O
created	O
with	O
a	O
series	O
of	O
vertical	O
lines	O
connected	O
by	O
short	O
horizontal	O
lines	O
.	O
</s>
