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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 ?
Wolff and Horner, rarely in agreement with each other, are firmly supportive of one another in their verdict that cutting corners, crossing white lines and using every metre of the circuit are critical to a driver's chances of success.
Officials in Norfolk are talking about ridding white lines from a large stretch of road.
In clinically lame cows (locomotion scores 2 and 3) there was a significant correlation between sole avulsions and heel erosions (0.26; P [less than or equal to] 0.05), underrun soles and heel erosions (0.224; P [less than or equal to] 0.05), overgrown hooves and heel erosions (0.315; P [less than or equal to] 0.01), overgrown sole and underrun soles (0.299; P [less than or equal to] 0.01), and sole ulcers and white line fissures (0.253; P [less than or equal to] 0.01) (Table 3).
The 3D White line has been extended with Arctic Fresh Toothpaste, which whitens by removing up to 80% of surface stains and features a patented dual silica system to optimize surface stain removal for radiant whitening with cool freshness.
The white line lies between the hard coronary wall horn and the more pliable sole horn.
This would suggest that motorists should drive close to the left hand side of the road away from the white line. This is where you are most likely to encounter cyclists and pedestrians thus putting them in danger.
Since then several cars have parked on or over the white line and the police took no action.
"The accused went through the entire length of Forest Mill village straddling the white lines and weaving about the road.
The front comes with a vertical white line. Either sight, of course, can be altered by your pistolsmith to suit your needs.
The trail looks like it's on Mars, and we follow a dotted white line up and over the bulbous rock formations, often on the very edges of white-knuckle precipices.
The author's dramatic full-page black and white line drawings accent this story of whaling.