Tuesday, July 5, 2016

Break Out

What are you waiting for
The time has come to make your break
Break out
--Swing Out Sister

Pan American Silver (PAAS) was indeed able to break out nicely above resistance (now support) last Friday.

PAAS can be seen as a leveraged play on the price of silver. If white lighting continues to get its groove on, this name is likely to enjoy support.

position in PAAS

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