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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 ?
One look at the Bad Blood line and it's easy to see why the line has taken off.
The tubing used had to be individually assembled; it was not until later that Tuta Laboratories provided us with custom made, purpose built sterilized packets of blood lines.
Alternatively, blood may be obtained from the arterial needle tubing after disconnection from the arterial blood line and attaching a vacutainer or syringe without a needle.
Lance Corporal Gwillam Jenkins will be missed by members of the regiment but his blood line will continue and the next generation of mascots will maintain his legacy and our tradition.
RAWALPINDI, October 28, 2011 (Balochistan Times): Commissioner Rawalpindi Zahid Saeed has said that Punjab Government is launching Punjab Blood Line Project under which the work for the registration of blood donors has been started here on Thursday that will continue till November, 3.
Dave traces his blood line to William IV but he's behaving like an earlier monarch, Charles I, in targeting the Commons to rule by cronyism.
It also can allow clients to ring-fence assets such as property from the potential cost of longterm care, and can also secure assets in a tax-efficient way for the named blood line beneficiaries.
Genealogist Nick Barratt says Pirates of the Caribbean star Johnny shares the same distant blood line as the royal family.
He said: "Breeders are looking at the decades of sheep that this blood line can produce.
The non-fiction work deals with theories that Jesus and Mary Magdalene married, had a child, and the blood line continues to this day -with the Catholic Church trying to suppress the discovery.
The documents list the children of Sarah and list her descendants who became the first members of the Merovingian blood line of French royalty.
This Spyder is eighth in the distinguished blood line and has the understated elegance of its predecessors.