Jennifer Lopez - J.Lo

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Dictionary Says

Definition of 'Jennifer Lopez - J.Lo'

A slang technical analysis term referring to a rounding bottom in a stock's price pattern. This term got its name from Jennifer Lopez's curvy figure; she is often criticized (or praised) for her round bottom.
Investopedia Says

Investopedia explains 'Jennifer Lopez - J.Lo'

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. 

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