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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 ?
The America Responds to AIDS campaign (14), which played a major role in AIDS prevention efforts, included television and radio public service announcements, printed materials (posters, booklets, brochures, billboards, bus ads), telephone hot lines, AIDS prevention messages integrated in movies and television shows, and specific AIDS information disseminated electronically through the Internet.
The line, called "Hot Line for Life," will be open for 39 hours at a stretch over the weekend -- from 9 a.m.
In turn, efforts to reach out to a greater number of students led to the evolution of the concept of the Teen Hot Line. The writer's belief was that if there was a trained and dedicated group of young people to volunteer their time in the evenings to man a confidential telephone line, then troubled youths would be encouraged to call for help and advice.
The program's power was made evident recently when one of the featured criminals called the hot line himself to see how much information they had.
However, with the "gatekeeper" feature - which generally comes with access plans but also is used in some comprehensive plans covered employees must first review their problem with a hot line attorney who will assign a specific attorney if further services are required.
EPA's own hot line personnel suggest that foundries call the Environmental Affairs Department to answer questions on how to fill out a toxic release report, such as the SARA Section 313 Form R.
The hot line will be managed by the NFA's Task Force Kontra Abuso with the help of the personnel of the Security Services and Investigation Department (SSID) to hear complaints, provide assistance, or lead information from the public through call or text messages regarding illegal trading activities.
The Extension Service activated the hot line earlier this month.
South Korea's Yonhap News Agency said the hot line has been used for cross-border travel for an inter-Korean industrial complex in the North's border town of Kaesong.
The Armenian Police Hot Line announced on Jan 9 2013 received 79 alarms over pre-election right abuses as of Jan
NEW DELHI -- More than a year after it was envisaged, India and Pakistan will get a hot line soon which will enable real-time information sharing between the two countries, authority said Sunday.
He that on Wednesday, they did not even pick up the hot line.