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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.
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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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
In Figure 7, it can be clearly seen that complete interparietal bone is formed by fusion of all the nuclei and the suture between it and rest of the occipital bone lies at the level of highest nuchal line. [5, 6] This indicates that the bone developing from middle and upper pairs of nuclei was part of parietal bone in early mammalian phylogeny and it has now come to join the occipital bone in primates and man.[1] Further, the intermediate segment which lies between the superior and highest nuchal lines remains fused with supraoccipital part of occipital bone.
The muscle gets inserted to the lateral surface of the mastoid process and lateral part of the superior nuchal line. The fibres of the muscle cross in such a manner that the clavicular fibres get inserted on to the mastoid process and the sternal fibres get inserted to the superior nuchal line.