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Line

1. In technical analysis, a situation in which the supply and demand for a security are largely the same. A line means that the security is unlikely to see any rapid fluctuation in price. It is called a line because, when plotted on a graph, it looks like a roughly horizontal line. Technical analysts look for signals that a line is ready to break one way or another before recommending that investors take a position on a security.

2. Informal; workers in a large, industrial company. They are called the line because, historically, they assembled the parts of a product while literally standing next to each other in a long line, also called an assembly line.

line

In technical analysis, a horizontal pattern on a price chart indicating a period during which supply and demand for a security are relatively equal. Technical analysts generally look for the price to break away from the line, at which time they are likely to take a position in the direction of the movement. See also making a line.
References in periodicals archive ?
During the period 1-10 October, 2014, 20 ceasefire violations along the Line of Control and 22 violations along the Working Boundary were reported, resulting in 12 civilian casualties, 52 injured civilians and nine injured military personnel on the Pakistani side.
On Monday, the State Department said it is "concerned about any violence along the Line of Control," and urged that the two countries try to resolve tensions and disputes through dialogue.
As per Indian defence report, Pakistan fired with semi automatic and automatic weapons at the Indian posts along the Line of Control (LoC) in Poonch and Rajouri districts of Jammu and Kashmir, forcing the Indian Army to retaliate.
The 100 Heart of Wales Experiences guide also lists some of the best pubs along the line.
About that same time, a two-line classified ad appeared in the Wall Street Journal--something along the lines of "Newsletter company for sale.
The Metro system will run from Birmingham Snow Hill to Wolverhampton, with 23 stops along the line.
Now walk back along the line again, placing one foot in front of the other.
Somewhere along the line, it was recognized that DUCT5 had to enter the NC machining era.
Cooperation from residents along the line has been a critical component in getting this important public works project nearer to completion.
According to the text of the letter released by the Foreign Office, Sartaj Aziz said, "I write to bring to your urgent attention the deteriorating security situation along the Line of Control in Jammu and Kashmir, as well as along the working boundary between Pakistan and India, owing to deliberate and unprovoked violations of the ceasefire agreement and crossborder firing by the Indian forces over the past weeks.
WASHINGTON -- The United States has expressed concern at skirmishes along the line of control (LoC) in the disputed Kashmir region.
POONCH -- Indian Army has said forces have been put on high alert along the Line of Control after Pakistani troops allegedly violated the ceasefire yet again and opened fire on Indian positions in Mendhar sector in Poonch district.