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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 ?
Apparently, the Japanese government is of a view that Japanese companies are to "finance" a development in Chunxiao that China has already undertaken--an area located on the Chinese side of the median line that Japan claims.
Characteristic Moneuptychia Carminda outer margin of with moderate to with distinct waviness hindwings wavy slight waviness not extended and median lines on extended and not distinctly angular ventral hindwing angular surface ventral wing color pattern is color pattern on the surface the same on the hindwings differs fore and hindwings from that on the forewings uncus in dorsal not laterally extended or strongly view extended extended laterally latero-posterior short and conical long, curvy and tapered apophyses of projections at the end not developed tegumen angular developed and appendices visible
The way the median line is drawn will determine the legal ownership of these fields.
During the nadir of the Sino-Japanese relationship, in April 2005, Tokyo announced its decision to proceed with exploratory drilling near the median line, escalating bilateral tensions.
In February, there was a report that a Chinese marine scientific research ship was spotted in the area near the Diaoyu/Senkaku Islands in the East China Sea, an area which is unilaterally declared by Japan as the Japanese side of the median line.
Under the deal, Japan and China will jointly develop an area in the northern part of the East China Sea around the Asunaro gas field, called Longjing in China, that stretches across the Japanese-claimed median line, the sources said.
Her Welsh Fisheries Zone would extend from Wales to the median line with Northern Ireland, the Republic of Ireland, England and the Isle of Man.
Stack's car crossed over the median line and crashed head-on into Mr.
For intervention studies focusing on increasing behaviors, Ma suggested that reviewers draw a median line for the baseline data and calculate the percentage of data points in intervention that fall above the median line for behavior reduction studies, the percentage of data points below the median line should be calculated.
It is accepted practice, where no boundary exists, to work by a rule-of-thumb idea of where a boundary, based on a median line between the two coasts, might be.
The airport authority closed it for a check and found a 4-centimeter thick circular aluminum board, measuring around 40 centimeters in diameter, dislodged from near the median line in the middle of the 4,000-meter runway.
Three light-colored stripes in median line, fovea line and the line of posterior lateral eyes; the light median line is found along the entire carapace in some specimens, while the two lateral light stripes are limited to the pars cephalica.