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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 ?
Shamrock Farms Calcium Plus milk line comes in many varieties including whole, 2% reduced fat, and fat free white milk, 1% lowfat chocolate milk, and 2% reduced fat and fat free Lactose Free milk - all in the 96-oz.
The printers are employed on two milk lines, coding on to the tops of one pint and two pint cartons after they have been filled and sealed.
EcaFlo[R] Anolyte is replacing chemicals used to wash milk lines, pre-treat teats and provide for hoof baths in the milking parlor.
Tesco has dropped Robert Wiseman's Fresh'n'Lo and The One milk lines in favour of a new tertiary brand.
But John Allaway, commercial director soya products supplier Alpro said: "In our view there is no confusion as to the content of soya milk lines.
This growth is not just driven by people who are intolerant of cows' milk lines, says Mike Hind, marketing manager of St Helen's Farm, a goats' milk processor whose sales of milk and cheese are up 25% year on year.
Remember how retailers adopted different colour coding schemes for their milk lines in the 1980s and early 1990s?
Scottish co-operative Scotmid plans to operate sales-based ordering across all ambient, frozen, bread and milk lines by the end of October.
The promise is being rolled out to the society's 1,200 stores and states that if the store runs out of specific bread and milk lines, customers will be entitled to them free on their next shopping trip.
The Tone Almond Milk and Coconut Milk lines join the Tone family of products including: Tone Original Cocoa Butter, Island Mist, Mango Splash, Tahitian Vanilla & Orchid, and Sugar Glow.
Alpen's range had a high profile launch, while Kellogg added new cereal with milk lines to its link with Muller.
The 27-strong sandwich range and 15 fresh milk lines will be packaged under the Heritage brand, which will be extended into organics for the first time with four new milk lines.