Thats a nice observation. First thought as I look at the charts and the parellel lines is, if a stock has been in a constant upward trajectory, you can always draw two parallel lines. Unless, there is some indication on how long that channel will last (which I think as investors, everyone wants to know), these charts are unactionable as almost all rising stocks will have this pattern. I am a newbie to technicals, and willing to be wrong here 
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