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 ?
* Outriggers increase your horizontal lure spread and create a steep line angle to surface teasers, which is key to making them work properly.
The location of the fairleads on the ships in relation to the positions of the bollards on the berth can lead to wide mooring line angles in the vertical plane ([alpha]), see Fig.
The mean value of Holdaway H- line angle in the present study turned out to be 15.5610.2 in Class I and 22.439.6 in Class II subjects respectively.
A productive trolling pattern used by many local anglers includes two flatlines, with flatline clips to reduce the line angle of entry and give a tad of drop back on the bite, as well as two rigger lines.
For the quantitative analysis, line angles were measured from the horizontal (mediolateral, ML) axis in the axial views and from the vertical (superoinferior, SI) axis in the sagittal views.