Pan-American Silver (PAAS) Setting Up for More Upside?
- Video return
- -0.66%
- Calls
- 1
- Buy / Sell
- 1 0
- Published
Recommendations
Entry is the asset's closing price on the publication date. Current is the last close on record.
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Entry $51.34 05 Sep 2026Current $52.90 09 Sep 2026Result +$1.56vs. index +3.6% SPY −0.5% over the same days
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Surrounding source transcript
…ove up. So maybe we just get some sideways movement here until this cycle does form a trough and we do have a negative reversal scout right now although the slim ribbon is positive. We have a timing window that's due between 9:18 and 9:28. Overall I'm bullish on Pan American silver just expecting a little bit of consolidation in here.
Overall I'm bullish on Pan American silver just expecting a little bit of consolidation in here.
Full Transcript
So here's Pan American silver average cycle length in the weekly time frame is 21 bars. We formed slightly early cycle low and moved up to the top of the resistance zone expecting to be able to get higher in here. We do have the support zone that's rising. It was testing the top of that this week and I'll show you why in just a moment. Next level up is the 78.6% fib 5977 and then we'd have this prior cycle peak back here at about $65. Now this pullback right here corresponds to a retracement into this into this support zone here and moving back up and just kind of chopping around. So this is a big move up. So maybe we just get some sideways movement here until this cycle does form a trough and we do have a negative reversal scout right now although the slim ribbon is positive. We have a timing window that's due between 9:18 and 9:28. Overall I'm bullish on Pan American silver just expecting a little bit of consolidation in here.
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