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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 ?
It can be taken by the R on either the forehand or backhand side, and he can again go down the line or crosscourt.
VISUAL: A "chain of giving" made up of Boston-area notables and others unloading a tractor trailer load of 3,000 turkeys and handing the turkeys down the line for storage in the Food Bank's freezer.
If the car coming down the line is an upgraded S281-E ("E" stands for "extreme"), the entire engine is removed and essentially re-built in the plant's off-line engine assembly area.
Wang fielded the ball as Finley sprinted down the line, hurrying his throw just enough to pull Robinson Cano off the bag.
So, what happens is the owner of the building does not get the new property tax bill until two or three years down the line and then has to bill the lessees, who in some cases, such as shopping centers where people move in and out, the person who should be paying the bill is no longer there.
High Desert had the bases loaded with no outs in the bottom of the fourth inning when JetHawks first baseman Bryan Johnson backhanded a line drive down the line off the bat of Chris Morris, stepped on first and threw to second baseman Danny Richar, catching both runners off the bag.
However, there is little benefit in winning a new mortgage customer if that customer switches provider a few years down the line.
These resources will begin creating jobs now, not years down the line,'' Davis said in a statement.
The center's mission is to further advance new metrology techniques, focusing on criteria for semiconductors two to three years down the line.
MASTERPIECE THEATRE'' host Russell Baker suggests, at the conclusion of tonight's presentation, ``My Uncle Silas II,'' that Albert Finney plays the title character as he might have played ``Tom Jones,'' his randy, Oscar-nominated breakthrough role, some 40 years down the line.
Funds to pay down the line came from cash at the Xcel Energy holding company plus funds from a new financing.
Open champion, closed out the 97-minute match with a forehand winner down the line.