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 ?
What makes the OEF lines of communication such a challenge?
Additionally, the task forces improve the lines of communication between Federal, State, and local law enforcement agencies.
Merrimack) in the Elizabeth River to maintain seabased lines of communication and supply during McClellan's Peninsula campaign (May); helped McClellan shift his base of operations to the James River after the Virginia was destroyed to prevent her capture (June); promoted to rear admiral (July) but requested relief from command to escape public criticism (September); served in administrative posts in Washington (1862-1865); commanded the European Squadron (1865-1867); retired from the navy (1873); died in Washington, D.C.