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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 ?
Historically, lining wear has been attributed to the reduction of the silica lining by carbon dissolved in the melt.
9% Si will reduce a silica lining when melting at 2775F (1524C) because the melt temperature is above the equilibrium temperature of 2584F (1418C).
IT management at Rhino Linings asserted that it is SCG's approach to project planning that sets it apart.
The integration of MBS with the custom applications that SCG is developing for Rhino Linings will provide vital IT systems that streamline our processes from manufacturing to fulfillment and create exceptional reporting tools for our channel partners," said Jeff Perry, IT manager for Rhino Linings.
Even though the foundry eventually changed its carbon raiser, the major goal of the department was to further extend the life of the lining - instead of just solving the problem, they wanted to better the operation.
The third new Abex lining, SM FF, is recommended for a broad range of vocational applications with severe duty cycles.
failure to monitor normal lining wear and allowing the lining to become too thin;
company to offer Gore-Tex linings in its children's line of rugged casual products.
The life of an inductor lined with these refractories was a function of how long it took the inductor lining to wear or to build-up.
A secondary cause for horizontal cracking/finning is refractory lining hang-up, which occurs near the spout of coreless induction furnaces.
Therefore, because the refractories that comprise a channel induction furnace lining vary greatly in density and chemistry, it is obvious that they will differ widely relative to thermal conductivity.
And, often, when you patch a castable refractory you do not get a good bond to the existing lining.