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LOOP makes New 52 Week Closing Low on June 23
On Tuesday, June 23rd, LOOP moved down 2.96% while volume was to 3.9× the usual levels. The unusually high volume suggests institutional participation in today's move. Multiple bearish signals emerged — New 52 Week Low and New 52 Week Closing Low — suggesting potential weakness ahead. Key support levels exist at 0.69, 0.65 & 0.6, with resistance at 0.78, 0.83 & 0.87. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of LOOP: F
More technical signals and insights for LOOP → Visit SwingTradeBot.com
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