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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 ?
Asked what he thinks the linesman will feel when he watches the incident back, Lambert added: "He might not watch it, he'll probably have a night out somewhere.
Under 10s: Two charges of spectator misconduct, six of misconduct by linesman or club officials, three sendings off, two games abandoned.
It was at this point, claimed Chafni, that he became the target of a racial slur by the linesman.
The Ireland international was also involved in the other big talking point of the game when he was brought down by Tommy Spurr in the box, prompting the referee to point to the spot and then change his mind after consulting his linesman.
I decided to see how much progress I could make as a linesman.
The technicalities of the laws make it awkward for linesmen but this rule has been in operation for a couple of seasons and the linesman should have been able to handle it better.
To have that after a foolish decision from a linesman in unbelievable.
League officials are now investigating after reports a punch was thrown at the linesman - who ended up with a broken flag.
Ritchie still can't believe the linesman flagged, indicating a penalty to referee Eddie Ilderton.
He said: "If the linesman can spot that he's Superman.
Juan Pablo Garcia found the net twice in the second half, but linesman Andy Wienckowski flagged offside on the first, and referee Marcel Yonan failed to see the ball cross the goal line on the second.
When he threw the ball over his shoulder at Old Trafford last week, clawing it out desperately, the Manchester United goalkeeper's furtive glance towards the linesman gave it away.