Channel

Dictionary Says

Definition of 'Channel'

1. The system of intermediaries between the producers, suppliers, consumers, etcetera, for the movement of a good or service.

2. The technical range between support and resistance levels that a stock price has traded in for a specific period of time.

Channel
Investopedia Says

Investopedia explains 'Channel'

1) There are different types and flavors of channels. Examples are sale channels, distribution channels, Internet channels, and so forth.

2) A breakout of a technical channel is seen as a bullish (on an upward breakout) or bearish signal (on a downward breakout).

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