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 ?
From June to August 2014, there were 99 ceasefire violations along the Line of Control and 32 along the Working Boundary.
The Metro system will run from Birmingham Snow Hill to Wolverhampton, with 23 stops along the line.
Now walk back along the line again, placing one foot in front of the other.
7 ( ANI ): Pakistan Army on Wednesday initiated unprovoked and indiscriminate firing here in the Sundervani sector along the Line of Control (LoC).
The Spokesperson said that Indian forces during this year have carried out more than 400 ceasefire violations along the Line of Control and the Working Boundary, resulting in the martyrdom of 17 innocent civilians and injuries to 68 others.
Skirmishes along the Line of Control have seen an increase after the righ-wing government of Narendra Modi took power in India.
ISLAMABAD -- Pakistan Thursday summoned Indian Deputy High Commissioner J P Singh to protest the unprovoked ceasefire violations by the Indian occupation forces along the Line of Control in Rawalakot / Satwal Sector.
Singh Thursday and condemned the unprovoked ceasefire violations by the Indian occupation forces along the Line of Control on 22 February 2018 in Rawalakot/Satwal Sector resulting in the shahadat of a labourer, working at a civilian crush plant, at Poonch river bank.
WASHINGTON -- The United States has expressed concern at skirmishes along the line of control (LoC) in the disputed Kashmir region.
Acknowledging the need to continue to maintain peace, stability and tranquility along the line of actual control in the India-China border areas and to continue implementing confidence building measures in the military field along the line of actual control,
One of Wales' most scenic railway routes, events and attractions along the line include a 'Rail Ale Trail', Dam Busters' walks in the Elan Valley, Bog Snorkelling in Llanwrtyd Wells and the Shrewsbury Flower Show.
Instead, the dimming is probably due to a pair of mutually eclipsing stars that happen to lie along the line of sight of OGLE-TR-3, he says.