This price move could be a signal that LOOP may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 49 similar cases where LOOP's price broke its higher Bollinger Band, and of them led to a successful outcome. Odds of Success:
a manufacturer of purified terephthalic acid and ethylene glycol, the fundamental chemical components used in the manufacturing of polyethylene terephthalate plastic