Turtle Channel

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Dictionary Says

Definition of 'Turtle Channel'

A trading band created by plotting the highest and lowest prices of an asset over a certain time period around the price of that asset.
Investopedia Says

Investopedia explains 'Turtle Channel'

This indicator is interpreted in a similar manner to other banded indicators such as Keltner channels and moving average envelopes. Some investors use a move toward the upper band to signal an increased likelihood that the security is becoming overbought, and a move to the lower band to signal that a security may be oversold. Other investors believe that a move beyond the upper band of the channel is an indication that upward momentum is increasing, and a move below the lower band is an indication that downward momentum is building.
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'Turtle Channel'

  • Financial Statements: Cash Flow | Investopedia

    http://www.investopedia.com/university/financialstatements/financialstatements3.asp
    ... For example, withholding payables, or "stuffing the channel", to temporarily reduce
    inventory. ... Harper, CFA, FRM, is the founder of The Bionic Turtle, a site ...

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