1. References

2. See also

A price channel is a pair of parallel trend lines that form a chart pattern for a stock or commodity.^[1] Channels may be horizontal, ascending or descending. When prices pass through and stay through a trendline representing support or resistance, the trend is said to be broken and there is a "breakout".^[2]

References

• John J. Murphy, Technical Analysis of the Financial Markets, New York Institute of Finance, 1999, {{ISBN|0-7352-0066-1}}

See also

• Bollinger bands
• Control chart
• Donchian channel
• Richard Donchian

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