line

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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 ?
Significantly, Ireland won only two line outs in the second half.
We struggled in the line outs and we also barely held our own in the scrum, yet we still somehow managed to steal some good loose balls and for that the back row deserve a great deal of credit.
Locks Anthony Jakeman and Fakatah Mollatika provided the possession from the line outs and with lively scrum-half Robert Phillips looking for the gaps the home side were always going forward especially in the first half.