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Ascending Channel |
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Ascending Channel In technical analysis, a channel that trends upward. A price channel is the range between the support and resistance levels on a chart. In other words, an ascending channel is marked by higher highs and higher lows; this is a bullish signal that is likely to continue until the lows drop below the higher lows previously documented. See also: Descending Channel. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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