$AGYP new article out pre-market! >>> Allied En
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Posted On: 09/07/2021 10:25:30 AM
$AGYP new article out pre-market! >>>
Allied Energy Corp (OTCMKTS:AGYP) Hits Scanners After Big Week
Before the long weekend, Allied Energy Corporation (AGYP) ended the summer on a high note. After a big day on Thursday where the stock gained 20% per share, climbing from $0.299 to $0.355. On Friday, despite some profit-taking on above-average trading volume (971,609 shares) the stock maintained at $0.355. In fact, Friday, AGYP traded more shares in one day than they have in any single session since June.
The last time the stock traded near or above one million shares was June 28th. This was when the stock was climbing from around the price we’re at right now to its YTD high of 83 cents.
AGYP might have hit the scanners for several traders this weekend due to the above-average volume coming off of a bottom. Investors finding AGYP will see there are several technical indicators pointing in the right direction.
Barchart ranks AGYP as an 8% buy. There are several technical indicators it sees as bullish for the company:
20 Day Moving Average
20-200 MACD Oscillator
50-100 MACD Oscillator
50-150 MACD Oscillator
50-200 MACD Oscillator
200 Day Moving Average
100-200 MACD Oscillator
Investors will also see interesting action from shorts. According to OTCShortReport, on Thursday, the shorts accounted for 73% of the volume, and despite all of that negative pressure, the stock gained 20%.
Then, on Friday, many of those shorts may have been covered, and the short volume was only 41%. Those shorts will most likely need to cover today.
AGYP has been moving with oil, both the stock and the commodity have had a record year. The stock is up almost 500% on the year and has been up as high as 1,540%. Oil much like AGYP closed last week on a high note, and both WTI and Brent Crude are back near the $70 mark. With production in the Gulf of Mexico down 80%, domestic companies like AGYP could benefit.
Other domestic oil plays to watch include: Pioneer Natural Resources Company (NYSE: PXD), Devon Energy Corp. (NYSE: DVN), CNX Resources Corporation (NYSE: CNX), TETRA Technologies Inc. (NYSE: TTI), and Contango Oil & Gas Company (NYSE: MCF).
Posted in Featured Tagged AGYP, AGYP news, AGYP stock, Allied Energy Corp (OTCMKTS:AGYP), Allied Energy Corporation (OTCMKTS:AGYP), CNX Resources Corporation (NYSE:CNX), Contango Oil & Gas Company (NYSE:MCF), Devon Energy Corp (NYSE
VN), Pioneer Natural Resources Company (NYSE
), TETRA Technologies Inc. (NYSE:TTI)
https://topnewsguide.com/2021/09/07/allied-en...-big-week/
Allied Energy Corp (OTCMKTS:AGYP) Hits Scanners After Big Week
Before the long weekend, Allied Energy Corporation (AGYP) ended the summer on a high note. After a big day on Thursday where the stock gained 20% per share, climbing from $0.299 to $0.355. On Friday, despite some profit-taking on above-average trading volume (971,609 shares) the stock maintained at $0.355. In fact, Friday, AGYP traded more shares in one day than they have in any single session since June.
The last time the stock traded near or above one million shares was June 28th. This was when the stock was climbing from around the price we’re at right now to its YTD high of 83 cents.
AGYP might have hit the scanners for several traders this weekend due to the above-average volume coming off of a bottom. Investors finding AGYP will see there are several technical indicators pointing in the right direction.
Barchart ranks AGYP as an 8% buy. There are several technical indicators it sees as bullish for the company:
20 Day Moving Average
20-200 MACD Oscillator
50-100 MACD Oscillator
50-150 MACD Oscillator
50-200 MACD Oscillator
200 Day Moving Average
100-200 MACD Oscillator
Investors will also see interesting action from shorts. According to OTCShortReport, on Thursday, the shorts accounted for 73% of the volume, and despite all of that negative pressure, the stock gained 20%.
Then, on Friday, many of those shorts may have been covered, and the short volume was only 41%. Those shorts will most likely need to cover today.
AGYP has been moving with oil, both the stock and the commodity have had a record year. The stock is up almost 500% on the year and has been up as high as 1,540%. Oil much like AGYP closed last week on a high note, and both WTI and Brent Crude are back near the $70 mark. With production in the Gulf of Mexico down 80%, domestic companies like AGYP could benefit.
Other domestic oil plays to watch include: Pioneer Natural Resources Company (NYSE: PXD), Devon Energy Corp. (NYSE: DVN), CNX Resources Corporation (NYSE: CNX), TETRA Technologies Inc. (NYSE: TTI), and Contango Oil & Gas Company (NYSE: MCF).
Posted in Featured Tagged AGYP, AGYP news, AGYP stock, Allied Energy Corp (OTCMKTS:AGYP), Allied Energy Corporation (OTCMKTS:AGYP), CNX Resources Corporation (NYSE:CNX), Contango Oil & Gas Company (NYSE:MCF), Devon Energy Corp (NYSE
VN), Pioneer Natural Resources Company (NYSE ), TETRA Technologies Inc. (NYSE:TTI) https://topnewsguide.com/2021/09/07/allied-en...-big-week/
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