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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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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The eyespot resulting from a HIGH line focus grafted into either a HIGH or LOW line host has over twice the area of that resulting from the graft of a LOW line focus to the corresponding host.
For instance, the sleek, eye-catching labels of the 1-EZ Diet line focus on dieters' personal "vices/problems" in ways that make the products easy to notice on a retail shelf.
Additions to Coty's year-round cosmetics line focus on keeping skin in good condition, in line with consumers' heightened interest in maintaining their youth and health.