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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 ?
Mr Liney said: "As a result of the police visit and a subsequent written apology I have been completely exonerated.
We were dead,' said Andy Liney, founder of the club's Viking Supporters Co-Operative.
Two-year-old Laura Williams, big brother Callum, five, Alice Liney, six, and eight-year-old Thomas Hunt have taken big strides towards raising more than pounds 1,000 for the Noah's Ark Appeal.
However, commercial director Peter Liney is to leave the company 'to pursue new challenges' with immediate effect.
Teenagers Josephine Clements, Charlotte Liney and Emma Yeomanson have the leading roles in the production by pupils from the Kenilworth-based Sharon Wilkinson School of Dance.
An older girl, Liney, who is 19 and has two young daughters, works with Phoebe in the cotton fields, but Liney doesn't just dream of freedom--she actively searches out a way to escape via the Underground Railroad.
PHowever, the short-sighted liney made a quick reappearance in Blackburn this week to talk on the art of officiating - and Rovers fans were only too happy to roll out the red carpet.
Onesixtyfourth provided us insights on our current and potential target consumers that profoundly impacted our long term business planning," said Peter Liney, Global CEO STA Travel, which operates in more than 90 countries and has 400 worldwide branches.
Great Rail boss Peter Liney added: "Our priority is to support and help the families of those people who have so tragically died, along with those in hospital.
Staff, including manager Barry Smith and club legend Pat Liney, lined the street outside the football ground in a silent tribute.
from left) Michael Leachman, Carrie Borthwick, Lesley Toner, Megan Vincent, Alex Rosielle and Julie Liney at the Pet Vaccination Clinic where armed robbers have pounced.