Similarly, you can draw a trendline across the highs the stock hits. Investor’s Business Daily. What Is a Price Channel A price channel occurs when a security’s price oscillates between two parallel lines, whether they be horizontal, ascending, or descending. Don’t look for huge moves. IBD experts use fundamental and technical analysis to identify stocks ready to make short-term moves. The only completely mobile cold wallet. The upper trendline is also a bit ragged, so this stock will be a good one to learn the feel for when the stock is going to rise and fall.