A slickline for use in a wellbore comprising: the slickline, wherein the slickline: comprises a composite material comprising a plurality of carbon fiber strands, and is housed on the inside of a receptacle, wherein the receptacle is hollow and cone-shaped. The slickline can also be made from an anisotropic material; and wherein a first test section of the slickline has a stiffness greater than a second test section having the same dimensions as the first test section but made of steel. A method of deploying the slickline into a wellbore comprising: positioning a portion of the slickline into a controlled deployment device, wherein the controlled deployment device comprises a housing; and causing at least a portion of the slickline to enter the wellbore, wherein the slickline moves from the receptacle through the housing and into the wellbore during the step of causing.