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Wednesday, 08/11/2021 12:15:55 PM

Wednesday, August 11, 2021 12:15:55 PM

Post# of 4972202
$AGYP on watch for short squeeze. Oversold chart (RSI 44) >>
#oil #oilstocks #oilinvest #junioroil #gas

Allied Energy Corp. (OTCMKTS:AGYP) Stock Spikes 7.01% To $0.4495 As Impact Of ‘Reserve Reports’ On Its Wells Raise Shares

https://topnewsguide.com/2021/08/10/allied-energy-corp-otcmkts-agyp-stock-spikes-7-01-to-0-4495-as-impact-of-reserve-reports-on-its-wells-raise-shares/

The impact of engineering ‘Reserve Reports,’ documenting the assets under management (AUM) for Allied Energy Corp. (OTCMKTS:AGYP) may soon not only force a short ‘squeeze’ but also drive more long investors into the stock. AGYP closed yesterday with a 7.01% spike to $0.4495 in heavy volume of 556,275. Technical indicators also were high: as Barchart placed a 56% buy ‘Signal’ on the stock, after an analysis of 13 indicators — including moving averages. Short sellers are protecting their positions, but even their transactions could not prevent AGYP stock from rising higher to $0.4495.


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