Sep. 9 at 5:11 PM
🚨
$PROP is an energy company focused on oil and natural gas.
🔹 With oil prices staying elevated and supply tightening, they are positioning to benefit from rising margins.
🔹 The company is projecting a 300% YoY production surge in 2025.
🔹 Growth is driven by non-dilutive acquisitions and internal development.
📊 Momentum is building off the
$2 zone, but the chart shows heavy resistance near
$2.40–
$2.60, with moving averages still trending down.
📉 RSI sits near 33, signaling neutral-to-oversold territory, watch for a bounce or breakdown confirmation.
Communicated Disclaimer - https://chartingdaily.com/a-rare-small-cap-growth-play-in-the-u-s-energy-space
⚡️ If energy stays hot, this low-float name could catch a bid.
📍 Eyes on volume and a clean reclaim of the
$2.50 zone.
$OXY $HUSA $PED $GTE