Jennifer Lopez - J.Lo

Jennifer Lopez - J.Lo

A slang technical analysis term referring to a rounding bottom in a stock's price pattern.

Notes:

Traders like the rounding bottom in a stock pattern because it can be an indication of a positive market reversal, meaning expectations are gradually shifting from bearish to bullish.

For those unaware, Ms. Lopez is often criticized (or praised) for her round bottom.

See also: Bear, Bo Derek, Bottom, Bull, Leading Lipstick Indicator, Reversal, Technical Analysis