Allied Energy Corp (AGYP)

[NoamCohen]

I believe momentum has been setting up for $AGYP. She will continue to gain her momentum both internal catalyst and external (oil price)

Most of the independent energy sector closed higher yesterday, but AGYP closed significantly highest percentage green. Others were up in the low single digits as AGYP closed almost 20% higher. Higher closes in independent oil included: PrimeEnergy Resources Corporation (NASDAQ: PNRG), Oasis Petroleum, Inc. (NASDAQ: OAS), Viper Energy Partners LP (NASDAQ: VNOM), Kosmos Energy Ltd. (NYSE: KOS), Contango Oil & Gas Company (NYSE: MCF), PDC Energy (NASDAQ: PDCE), Amplify Energy Corp. (NYSE: AMPY), PHX Minerals (NYSE: PHX) and Trophy Resources, Inc. (OTC: TRSI).

Even when the independent oil sector closes red, AGYP is positive. All the signs point to a great finish to this week, too, for AGYP. WTI Crude settled last night at $69.84 and Brent Crude closed at $72.94. That means AGYP’s AUM value — from an engineering report on its Green Lease and Annie Gilmer site wells in Texas remains roughly at $32 million in proven reserves at its two most promising leased well sites. As long as oil prices in WTI and Brent remain high, AGYP benefits.

Quote:
From today's article : "Barchart rates AGYP as an 8% buy, based on its string of green closes. It has now set a new first resistance point for AGYP at $0.3865. While global oil prices remain high, this price is within grasp. For AGYP’s long stock holders, the bounce is happening right now."
https://topnewsguide.com/2021/09/03/allied-energy-corp-otcmkts-agyp-soars-18-98-to-0-3558-and-extends-its-green-close-rally-sees-more-gains-ahead/
$AGYP