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line
(redirected from line of Douglas)

   Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Hutchinson 0.43 sec.
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.


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Since its founding in 1920, Douglas Aircraft Company has delivered more than 45,000 airplanes, including a long line of Douglas Commercial (DC) and McDonnell Douglas (MD) models.
 
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