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 ?
Local officialsplanned to replace 600 lead lines in 2017 and 800 in 2018 andare now seekingto replace 1,000 lines this year.
As the window was rebuilt, extraneous lead lines that had been introduced in the earlier relead were discarded.
Kirk may have played the lead lines all by himself, blowing three instruments - saxophone, manzello and stritch - all at once, but here they're shared by Turre's trombone, Vincent Herring's alto and James Carter's tenor.
Just as a reporter tells a news story in the first lead lines, tell your reader in the first sentences exactly what he or she wants to know.
The author would have served the student better by concentrating more on chord construction and the practical application of chords in lead lines, pop music and simple accompaniment.
"Blood" Ulmer has always been an interesting guitarist with a style all his own, but here he blends in just fine whether playing chords or lead lines. Newton's flute adds a great touch of color, DeJohnette and Franco provide big double handfuls of rhythm, and Blythe plays his horn like a man possessed.
Contractors, however, will still replace the parts of lead lines that are on private property, Speth said