Business, Legal & Accounting Glossary
Jennifer Lopez – J. Lo is a slang term used in technical analysis for a particular pattern of movement in a stock price. In a Jennifer Lopez – J. Lo, the stock price drops in a smooth arc before rising again; in other words, a rounding bottom. The term Jennifer Lopez – J. Lo was adopted because of its similarity to the round, smooth, famously callipygian buttocks of the American singer/actress.
A Jennifer Lopez – J. Lo movement generally indicates the shifting of a bear market to a bull market. Traders eagerly watch the Jennifer Lopez – J. Lo phenomenon because of this smooth market reversal. Jennifer Lopez – J. Lo’s buttocks are her only known contribution to investment analysis.
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This glossary post was last updated: 9th February, 2020 | 1 Views.