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.
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.
References in periodicals archive ?
On forewing, ground color gray, medial area brown, a black streak over white claviform stigma; basal, antemedial, postmedial and terminal lines brown or reddish brown; medial line faint; subterminal line grayish brown.
The one-end fault location method applicable to all types of faults using TWs requires identification of the faulted half of the line in the case of two-terminal line [14], and the faulted line section as well as the faulted half of the line section in the case of multi- terminal lines. A method of identifying the faulted half of the line in the case of two-terminal line using the polarities of wavelet transform coefficients (WTCs) is reported in [10].
AIS said that its HMI operator interface terminal lines are available in 5.7", 7", 10.1", 10.4", 12.1", 15", 17" and 19" and feature windows-based and PC-based high performance system processors, memory and storage, USB, RS232, RS422/485 and Ethernet ports.
finds itself still clinging to its bough while the new growths of spring are bursting their buds and spreading their foliage all around it." Holmes suggested that the metrical form, remarkably well-suited to the half-sentimental, half-satiric mood of the poem, "owed something" to the short terminal lines in Thomas Campbell's The Battle of the Baltic (1802), for example, "By thy wild and stormy deep,/Elsinore."
Eight years ago it became clear that mainframe computing via direct terminal lines would have to give way to distributed processing and PCs.

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