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.
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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.
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 ?
A depression in the temporal line of the skull was found precisely in the cornual end of the line medial to the middle portion of the caudal boundary of the orbit (Figs.
This first book in a new series from the Institute of Ismaili Studies includes a dozen essays on various aspects of the Islamic world, cutting across geographical and temporal lines, from a wide-range of scholars working in the UK, US, and Australia.
I have distributed those works into four categories, distinguishing between the texts that tell a story and the ones that do not, and then asking how historians organize their data when they do not order them along temporal lines.
The opisthocranium is characterized by the slightly concave occipital in vertical plane, an expansion of the posterior tuberosities, the large auditory bulla, the triangular shaped basioccipital and the reduced temporal lines. The occipital condyles are large and clearly projected beyond the summit of the occipital crest.