Bottomed

Bottomed is a term that can be used in several contexts, primarily related to reaching a lowest point or completing a downward movement. In finance, it describes the lowest point of a price decline before a recovery begins. This "bottoming out" signifies that the asset has reached its nadir in terms of value and is expected to start appreciating. Technical analysts often look for patterns that indicate a market bottom to time their investment entries.

In a more general sense, "bottomed" can refer to the completion of a downward trajectory. For example, a ship has "bottomed" if it has reached the lowest point of a harbor or waterway. Similarly, in a non-literal sense, a person might say they have "bottomed out" emotionally, indicating they have experienced their lowest point of despair and are ready to improve their outlook. The concept implies a reversal of fortune or a turning point after a period of decline. This can apply to economic cycles, personal situations, or even the performance of a product or service. The key idea is the cessation of a downward trend and the potential for an upward movement to follow.