Channel

A Channel is the technical range between an upper and lower trend line that a stock price has traded within for a specific period of time.  The upper trend line marks resistance and the lower trend line marks support.

Channel

A Channel is the technical range between an upper and lower trend line that a stock price has traded within for a specific period of time.  The upper trend line marks resistance and the lower trend line marks support. There are several types of chart studies involving channels. 


 
Chart illustrating an Ascending Channel

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