Beef News Cattle in upward channel By Jim Eadie - April 5, 2021 500 FacebookTwitterPinterestWhatsAppLinkedinReddItEmailPrintTumblrTelegramMixVKDiggLINEViber A price channel consists of two parallel trend-lines providing support (bottom) and resistance (top) lines that contain price fluctuations. Channels may be bullish (slanting upwards), bearish (slanting downwards), or neutral (horizontal).