The third wave is often the strongest in OTC: NAUFF By thesignalystarabic — TradingView

The chart continues to reflect strong upside momentum as NevGold continues to develop new antimony and high-grade gold at its Limousine Butte project in Nevada. 📈

NAUFF continues to maintain one of the strongest bullish structures in the junior mining industry currently, following the company’s recent announcement of surface sampling results containing up to 53.7% antimony, as well as progress on the first gold and antimony resource estimate (MRE). ⛏️

Technically, the bigger picture remains fairly clear.

After breaking out of the long-term consolidation phase in October 2025, NAUFF stock officially entered the markup phase and has risen more than 1,700% since breaking out of the zone. 🚀

Since then, the stock has followed a very clear pulse structure:

• The first wave ends around the psychological number of $1 💰
• After a healthy correction, buyers regain momentum and trigger a second wave📈
• Now, NAUFF appears to be entering its third wave phase, which is often considered the strongest, most impulsive phase in trending markets. ⚡

📊 Technically, price is currently moving within a sharp ascending channel, while the major moving averages continue to slope strongly upward, reflecting continued upward momentum and strong trend-following behavior.

📌 Interestingly, the current growth momentum is also supported by improving fundamentals.

NevGold recently published several results from surface antimony samples from the historic Pre-Strip dump area, including:

• 53.7% Antimony
• 35.6% Antimony
• 24.3% Antimony

The company also explained that the material is located near a historic World War II-era antimony mining site and that additional sampling operations have been completed through test pits and may be included in the next MRE report, pending test results. 🏗️

This is important as the market begins to focus more and more on antimony as a key strategic mineral, particularly in North America. 🌎

📈 Back to chart:

As long as the lower boundary of the green ascending channel continues to hold, we still expect trend-following buyers to remain in control. 🐂

🎯 The first bullish target for the current wave is located at:

• The upper boundary of the green ascending channel
• The main psychological number is $3 💰

However, if momentum continues to accelerate, the stock may still have room for more upside beyond this level.

📌 Another important note is the relative strength NAUFF has shown lately.

Although the company is in the gold exploration industry, the stock has been able to maintain a bullish structure despite the recent pullback in gold itself. 🟡

This relative resilience often reflects continued speculative interest and strong internal momentum.

short,

NAUFF is still in a strong price increase stage, and as long as the momentum and technical structure remain intact, the current third wave may still have room for further expansion. 📈

⚠️Disclaimer: This content is not financial advice. Always conduct your own research and properly manage risks.

📚Stick to your trading plan in terms of entry, risk management and trade management.