What is a channel in a stock price?

The channel is the trend, the trend is divided into uptrend, downtrend and consolidation, consolidation is also known as the box. In an uptrend, the line between two adjacent lows and the line between two highs constitute a rising channel, when the stock is stronger, every pullback is the time to intervene. When the stock price falls below the line of lows (support level), the trend is generally considered to occur hairpin, suitable for reducing positions. In a downtrend, the line between the two adjacent highs and the line between the two lows constitute a descending channel, when the stock price is weak, every time up is the time to ship. When the stock price breaks through the line of highs (pressure level), the stock price is considered to be strong, suitable for reducing positions. And in the consolidation period, the stock price in the box to oscillate. Generally occurs in the high price of the banker against the inversion of the shipment, or occurs in the low price of the stock building period of momentum up. When the stock price breaks through or falls below the box pressure or support level that the trend reversal, will enter the up period or down period. In the consolidation period you can use the 30-minute line 5-day line and 10-day line up cross or down cross as a buy point and sell point, and T + 0 players can do in the 5-minute line of high and low low cost. However, this theory will not be very effective in the case of most people believe that the fall below the support level or break through the pressure level. The so-called unbroken, the dealer will often break through the pressure level when the use of everyone's confidence soaring push up the stock price is to ship, and fell below the support level is often the collapse of everyone's confidence, at this time the dealer will take the opportunity to pick low-priced chips. Therefore, the channel to combine the specific economic situation and policy is appropriate. Personal experience, for reference only.