In charting, a line connecting a series of high points accompanied by a parallel line connecting a series of low points. The two parallel lines compose the channel in which the variable (for example, a stock price) has been moving and is expected to continue moving. An ascending channel indicates a bullish trend, while a descending channel represents a bearish trend. Breaking downward through an ascending series of low prices or upward through a descending series of high prices indicates a likely change in trend.
Main Entry: chan·nel Pronunciation: 'chan-&l Function: noun 1: a usually tubular enclosed passage 2 a: apassage created in a selectively permeable membrane by a conformational change in membrane proteins b: a protein or cluster of proteins that functions as a channel —see CALCIUM CHANNEL BLOCKER
A specified frequency band for the transmission and reception of electromagnetic signals, as for television signals.
The part of a field effect transistor, usually U-shaped, through which current flows from the source to the drain. See more at field effect transistor.
A pathway through a protein molecule in a cell membrane that modulates the electrical potential across the membrane by controlling the passage of small inorganic ions into and out of the cell.
The bed or deepest part of a river or harbor.
A large strait, especially one that connects two seas.
[cheyn-weyl, chan-l] 
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