line

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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 ?
Cementos Yura, Peru built a new 4200 tpd cement line in their Arequipa plant.
5 million metric tons cement line, as it aims to double its existing 5 million tons capacity by 2016.
a leading producer of cement and premixed concrete in Taiwan, recently inaugurated its second cement plant in Loudi City, Hunan province, China, where it will invest US$150 million to build two cement lines, each with two million ton capacity yearly.