Trend Lines & Channels
趋势线与通道
Stock TechnicalP1Support/Resistance & StructureApplies to: US stocks
Definition
Lines connecting highs/lows depict direction and slope, copied in parallel to form a channel.
Formula
Fit ≥2 lows (uptrend) or highs (downtrend), channel=trend line+parallel line
How to read it
A valid break below/above = possible trend reversal; sell high and buy low within the channel.
Inputshigh, lowOutputoverlay
Data source: H, L. Public knowledge, not investment advice.
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Related indicators
Reference metadata — public, well-known indicator definitions. Not investment advice.