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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 ?
Under the conceptual data model, survey lines should be managed as one feature class as all lines are integrated together to maintain the relative position of legal land objects.
The second test was at the Town Center Subdivision and consisted of four parallel survey lines, also acquired perpendicular to buried pipelines.
This very detailed survey was flown at 50 metre elevation along 60 metre close spaced survey lines.
The survey lines, spaced 250 meters (825 feet) apart covered all claims in the south block of the Big Chunk Super Project, and fulfilled the yearly assessment work requirement for that claim block by the state of Alaska.
The survey consisted of 15 survey lines, 100 stations, for a total of 4,250 lineal meters.
A total of 10 FLTEM surveys were completed by Outer Rim Exploration which consisted of 57 survey lines and 36.
A total of five DDIP survey lines were completed as single spread dipole-dipole setups.
In regard to the completion of the Jackson Wash property CSAMT survey, findings from a previous gravity survey were used to place the CSAMT survey lines over the deepest central portion of the Jackson Wash basin.
Claims to the southeast of the JAE area were tested with widespread MMI soil geochemical survey lines, and have identified several large areas of gold in soil anomalies, up to 500 meters by 1000 meters.
Results from a previous gravity survey were used to place the CSAMT survey lines over the deepest part of the Full Monty basin.
At Catabola 623 soil samples were taken including duplicates and standards, and 24 survey lines have been completed along 2.
623 soil samples were taken including duplicates and 'standards', and 24 survey lines have been completed along 2.

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