PROP - Riding the Cycle? The Next Wave May Just Be Starting!Markets move in cycles; and PROP is no exception.
If you’ve been following our previous analyses, you’ll recognize the accumulation zone we highlighted earlier. Well, this updated chart adds another layer: the cyclical rhythm of price action.
🔁As shown, PROP has been moving in clearly defined waves, bouncing between key zones with consistency. The current cycle appears to have bottomed — once again — inside the lower bound, where strong demand continues to hold.
We’re now in the early phase of what could be a fresh bullish cycle. If the rhythm plays out as before, the path of least resistance could take us toward the median zone ($6.5 - $7.5) and possibly all the way back to the upper bound ($15 - $17) by late 2025 or early 2026.
🔍 Supporting Fundamentals
While the chart speaks volumes, the fundamentals back it up:
Energy demand is surging globally, fueled by AI, data centers, and electric infrastructure — all of which require massive power capacity.
Oil and gas remain essential in this transition phase, especially with renewable infrastructure still years away from matching base-load demand.
PROP (Prairie Operating Co.) controls 65,000 acres in the DJ Basin — one of the most productive oil regions in the U.S. With advanced drilling tech and low-cost operations, PROP is well-positioned to ride out volatility and capitalize on rising demand.
🎯 Key Zones to Watch
- Support: $2.5–$3
- Median target: $6.5–$7.5
- Macro resistance: $15–$17
📌 We’re not just seeing structure — we’re seeing rhythm, confluence, and timing align.
If this cycle continues to play out, PROP might just be preparing for its next major wave.
Are you ready to catch it?
🧠 Previous posts and technical breakdowns are attached for full context.
➡️ As always, speak with your financial advisor and do your own research before making any investment decisions.
📚 Always follow your trading plan => including entry, risk management, and trade execution.
Good luck!
All strategies are good, if managed properly.
~ Richard Nasr
PROP trade ideas
A Sleeping Giant in the Energy Sector?While everyone’s chasing the next hot AI stock, a quiet opportunity might be taking shape in the energy sector; and it could be a big one.
🔋 As AI data centers explode in size and number, the demand on our power grid is rising fast. Nuclear is still years away, and renewables are struggling to scale in time. That leaves oil and gas as the most reliable players; and one U.S. company may be perfectly positioned to ride that wave.
📊 Technical Analysis
NASDAQ:PROP PROP has been in a steady downtrend, moving within a falling wedge pattern (marked in green). Right now, it’s retesting the bottom of that wedge, typically where things get oversold.
Even more interesting, PROP bounced off a major monthly demand zone last week, a signal that buyers may be stepping in.
In the short term, if the blue demand zone holds, we could see a push toward the $7 mark, which lines up with the top of the wedge.
But to really confirm a medium-term reversal, we’ll need a clean break above the $8.3 resistance. If that happens, the door could open to a rally toward $15, a key level from early 2024.
🛢️ Why PROP? A Hidden Play With Room to Run
Prairie Operating Co. (NASDAQ: PROP) isn’t your typical small-cap oil stock. They own 65,000 acres in Colorado’s DJ Basin and use modern drilling tech to stay lean and efficient. That means they can still make money even when oil prices dip.
As energy demand continues to climb, PROP could be sitting in the sweet spot , especially with the world so focused on tech stocks. But behind every AI boom is a growing energy need, and companies like PROP are the ones powering it.
One well-known Wall Street firm recently gave PROP a Buy rating with a $21.75 price target; that’s a potential 281% upside from where it stands today. And that’s not even counting the potential boost from energy-friendly policies under the current administration.
📌 One to Watch in 2025
PROP might just be one of the most under-the-radar energy plays going into the new year.
The biggest moves often start quietly; and this one has all the ingredients to surprise.
➡️ As always, speak with your financial advisor and do your own research before making any investment decisions.
📚 Always follow your trading plan => including entry, risk management, and trade execution.
Good luck!
All strategies are good, if managed properly.
~ Richard Nasr
Bottom Feeding or FALLING KNIFE?Looking at this chart, we see a HUGE selloff this week, with significant volume, leading to oversold levels on the daily RSI.
Technically, this chart looks terrible, but this could actually be a big ploy to get weak hands to sell their shares right before the company has a fundamental change in their business operations. Potential naked shorting by institutions to push down the price, and they scoop up shares for cheap. They have literally laddered this down the ENTIRE WEEK.
It did not help that the entire market was showing weakness after plenty of froth - but I believe this is short term noise.
This should revisit 3.50-4.00 within the next 2-3 weeks - but it could absolutely go lower and break the all time lows.
I personally think this at or near the bottom, that this selloff is testing shareholders conviction, and any sale here is being offset by a buyer who believes in what they own.
If the ER release comes out and they guide for 400m in EBITDA or above for the next 12mo, you can expect a relief rally as the stock will rerate from down in the dumps/going bankrupt, to a potential multi-bagger.
If the ER shows that they were slow to bring the oil wells online and that they're producing significantly less oil than they projected at the time of acquisition, this will be trading sub $2. This is Management's time to shine and show the world they're not fucking idiots.
Best of luck.