Long
Pan American Silver
Chartformation: Trading range
Entry: 28.85$
Stop: 27.72$
Target: 37$
Risk/Reward-Ratio: 7:1
Description: The price has formed a hammer reversal candle at the supportlevel and the RSI indicates that the stock is at a oversold territory. The confirmation of the hammercandle to the upside can be used as entry and the stop should be placed at around 27.72$.
Entry: 28.85$
Stop: 27.72$
Target: 37$
Risk/Reward-Ratio: 7:1
Description: The price has formed a hammer reversal candle at the supportlevel and the RSI indicates that the stock is at a oversold territory. The confirmation of the hammercandle to the upside can be used as entry and the stop should be placed at around 27.72$.
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