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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 ?
Buitenboys posted on Twitter: "With great sadness we announce the death of our linesman, Richard Nieuwenhuizen.
The linesman said he was 100 per cent sure it hit his hand.
Under 8s: One charge of spectactor misconduct, one of misconduct by a linesman or club official.
It is very frustrating and bitterly disappointing because for the third time this season a linesman has disallowed a perfectly legal goal," said a furious Mackay.
THE French Football League are to open an inquiry into claims by Auxerre midfielder Kamel Chafni that he was racially abused by a linesman during Saturday's defeat at Brest.
Mr Lewis pointed to the spot but then changed his mind after consulting his linesman -and booked Lita for diving.
1 - linesman I was convinced the ball was nowhere near over the line when at the Reading-Cardiff game in the week, and was amazed to see how close it was.
I asked the linesman how he could say it wasn't a goal if the keeper was on the floor and covering the ball so he couldn't see it, so he couldn't make a decision whether it was a goal or not.
Motton, 21, is one of the newest match officials in the Elite League, having been a linesman in four League matches, two of them involving Cardiff Devils.
So Mr Kinnear should accept the decisions and concentrate on managing instead of trying to be the linesman and referee.