Question Details

	Username: Peter Rating: Asked to: Chaoxiang Lee Date Created: 13 Apr 2015
Category	20
Tag	Forex
Question	What is the definition of “Jennifer Lopez – J. LO”?

Advice from Guru

Hello Peter,

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.

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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