With all the tungsten companies going down for the past month, a bit of copium:
Technically, tungf is almost oversold on 1D, last time tungf was close to being oversold on 1D was end of Nov 2025 where it reached $0.8, it then went on a run to reach $2 in January
prior to that the last time it reached oversold was end of June where it reached $0.34, next 2 months it tripled to around $1 before we got the critical minerals rally in October where it went to ~$3.5
So hopefully the pain and suffering is almost over :)
Fundamentally, tungf biggest catalysts are just around the corner, resource update should happen next month, taking longer than expected which could be a great sign signaling more resource than expected being there.
I think re-rating will only happen when we get resource update, the next re-rating will then happen after PEA, that is also when lot of big money will flow in.
What do you guys think? Still bullish? Or skeptical?