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by Jason K. Hutson
Channel Lines
Position: N/A
Jason K. Hutson
Traders.com Staff Writer. Enjoys trendlines, support and resistance, moving averages, RSI, MACD, ADX, Bollinger bands, parabolic SAR, chart formations, and volume analysis.
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CHANNEL LINES
Channel Lines
04/02/00 01:49:13 PMby Jason K. Hutson
Channel Lines
Position: N/A
| A channel line, which is used to depict the trading range of the market, is drawn parallel to a trendline. In a situation in which channel lines are used, the market will move between the upper and lower trendlines. Channel lines can be either rising or falling. Channel lines can slope in any direction and can be either narrow or wide, depending on the market's current volatility. |
Traders.com Staff Writer. Enjoys trendlines, support and resistance, moving averages, RSI, MACD, ADX, Bollinger bands, parabolic SAR, chart formations, and volume analysis.
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