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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 ?
Steps a) through e) were then repeated for the next transverse survey line.
dT/dx: represents the horizontal longitudinal gradient, along the survey line
Two reconnaissance IP survey lines at the Wedgetail prospect have been completed and a positive anomaly recorded on the eastern line.
The measurement array of each survey line consisted of 61 electrodes placed along the survey line at 10-meter separations.
We used a spatial exponential function, based on the distance between segments within a survey line, to model the dependency in the residuals (Littell et al.
Where long survey lines are required, a measuring wheel can mark designated distances.
Auction are invited for Plot at sy no 28 5 p as per rtc 28 5ap1 near pilar masjid pilar ambica road pilar someshwara village mangalore taluk d k district admeasuring 7 cents boundaries north portion of same sy no south survey line east portion of same sy no west portion of same sy no lot

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