PAAS LongLong Monday on a flat or lower market open
Aggressive long because we are way above VAH into breakout territory
SL 33.38
TP 38.39
Trade ideas
Did PAAS confirm breakout?PAAS is at a crucial inflection point.
- Long-Term Breakout: Price recently broke out above the multi-year descending trendline (red dashed line) with strong volume.
- Price Target: A confirmed breakout opens the door for a potential double in price, aiming towards the all-time highs and beyond ($70.00+).
This technical signal is strongly backed by the company's recent performance:
- Silver Rally: Spot silver trading above $42/oz, driven by industrial (solar) and investment demand.
- Financial Strength: PAAS reported $1B+ cash and a 20% dividend increase tied to net cash.
- Growth Driver: The low-cost Juanicipio asset will boost silver production by 34% and significantly lower all-in sustaining costs next year.
The combination of a strong technical setup and robust fundamental catalysts makes PAAS a prime breakout candidate. Watch the closing price carefully!
Disclaimer: This is not financial advice. Trade responsibly.
Huge Moves Coming for Silver MinersNYSE:PAAS has some of the best structure I've seen in any of the miners, along with NYSE:AG and $FSM. July 2024 was the beginning of a rising, complex correction. Price could always reject off the top of the channel and pull back to $26, but any dip here is a buying opportunity. We are headed for far higher prices going forward based on this structure.
The impulsive bullish waves in 2024 are clear.
The rising corrective pattern is mega bullish for the next wave.
I believe we are already in the next wave.
If this thing breaks above $30, it will fly.
I am taking no profits until we hit $55-60.
PAAS – High Tight Flag with Silver TailwindsPan American Silver ( NYSE:PAAS ) is forming a high tight flag — one of the most explosive continuation patterns — just as silver starts heating up.
🔹 High Tight Flag Formation
NYSE:PAAS ripped with momentum and is now consolidating in a tight, bullish range.
This is exactly what you want to see — shallow pullback, tight candles, and holding near highs.
🔹 Sector Momentum: Silver Heating Up
AMEX:SLV and /SI are pushing toward multi-year breakout levels.
NYSE:PAAS is riding that same energy, and any continuation in silver could ignite this setup.
My Trade Plan:
1️⃣ Starter Position: Looking to enter on strength through the top of the flag.
2️⃣ Add on Confirmation: Add size on volume surge and breakout follow-through.
3️⃣ Stop Loss: Below flag base — keeping it tight and defined.
Why I Love This Setup:
High tight flags are low-risk, high-reward when paired with macro momentum.
Silver is gaining strength — NYSE:PAAS could lead the miner group if this breaks clean.
Strong structure, clean risk, macro fuel = great setup.
Pan American Silver (PAAS) AnalysisCompany Overview:
Pan American Silver NYSE:PAAS , a leading precious metals producer in the Americas, is strategically positioned to benefit from the rising prices of silver and gold, driven by global economic uncertainties and inflationary pressures. As investor interest in precious metals grows, PAAS stands out for its robust operations and efficient portfolio management.
Key Catalysts:
Organic Growth Focus:
PAAS has increased its 2024 drilling budget to over 450,000 meters, highlighting management's confidence in its exploration prospects.
This aggressive exploration strategy signals long-term production growth and resource expansion.
Portfolio Optimization:
The company secured Investment Canada Act approval for the $245 million sale of its La Arena gold mine and La Arena II project in Peru to Zijin Mining Group.
This transaction demonstrates PAAS’s commitment to unlock value from non-core assets and focus on its most profitable operations.
Precious Metals Momentum:
Rising gold and silver prices, fueled by inflation concerns and economic uncertainty, enhance revenue potential for PAAS.
As a top-tier producer with diversified operations, the company is well-leveraged to capitalize on higher commodity prices.
Investment Outlook:
Bullish Outlook: We remain bullish on PAAS above the $20.00-$21.00 range, supported by strong fundamentals, rising metals prices, and a clear focus on organic growth.
Upside Potential: Our target range for PAAS is $34.00-$35.00, reflecting the company’s ability to grow production, optimize its portfolio, and benefit from favorable macroeconomic trends.
🚀 PAAS—Capitalizing on Rising Precious Metal Prices and Strategic Growth. #Gold #Silver #MiningGrowth
$PAAS*For share traders only. Not meant for options.
Green: Entry Point
Blue: Start of Week
Red: End of Week
Thumbs Up: Trade Available for Week
$ Amount (Numbers Above): Price Targets
*I don’t believe in sharing strategies or outlooks due to the idea that it could cause someone confusion within. It’s important in trading to find your eyes and do things that match your scope of understanding. Over time, if the work is put in, you will create a strategy that in most cases aren’t full proof, but something you can lean on creating an edge for yourself. This strategy is based on a mix of volume analysis, Elliot Waves, retracements, and candlestick anomalies.
big pictureGeology (and geological ideas) functions at a glacial pace. This is clearly reflected in the mining sector and most mining stocks, especially on the TSX.
PAAS (aka. "silver") is no different. Long term, it has touched its multi-decade highs now 3 times since it went public. Fourth time the supply area probably won't hold and we'll go through it, albeit it will take at least a whole quarter if not more to do so.
But, as of right now, we are crossing through the 50% retrace on-route to the $38-39 area (88.6% fib). This will most likely take the next 3 to 4 quarters to achieve, but it should be slow and steady progress.
A better operated company like AEM show what good management and agility can do. They are following the same basic pattern as PAAS, but shareholder appreciation of managements achievements is reflected accordingly.
PAAS management on the other hand, are like an old boys club. They think they operate at an optimal level by driving a ferrari, but they passed their prime some 20-30 years ago and are now being smoked by teslas.
PAAS stock price will be pulled up by the industry as a whole (and silver), but whereas other miners will clear new highs by hitting upwards of 38-62% higher above their all time highs, PAAS will struggle to cross the $40-45 level and get to their 38% above new highs.
These are all super longer term plays. Especially if you are willing to hold for multiple years.
Long PAAS 22.50Long small again early stoch heading down
Nice higher lows above all ma trailing stop waiting add
Pan American Silver (PAAS) AnalysisStrategic Portfolio Optimization:
Pan American Silver NYSE:PAAS , a prominent global precious metal mining company, is bolstering its market position through strategic initiatives. Recently, PAAS agreed to sell its Lucita property to Defiance Silver and its La Arena gold property in Peru to Jinteng Mining for $245 million upfront, plus contingent payments. These moves align with PAAS's strategy to optimize its portfolio and strengthen its financial position.
Leadership Insight:
CEO Michael Steinmann highlighted the strategic benefits, stating, "With the sale of La Arena, we continue to optimize our portfolio while retaining future upside through royalties."
Investment Outlook:
Bullish Outlook: We are bullish on PAAS above the $16.50-$17.00 range.
Upside Potential: With a target set at $28.00-$30.00, investors should consider PAAS's enhanced financial outlook and strategic portfolio optimization as key drivers for potential stock appreciation.
📊⚒️ Stay informed about Pan American Silver for promising investment opportunities! #PAAS #PreciousMetals 📈🔍
PAAS in wave three higherI don't remember when I drew this. I think it was not too very long ago. Since then price hit our wave1 target and retraced to the wave 2 and is now headed in wave 3 target of about $27. Wave 5 target is $37.
PAAS Bull Case Scenario in 2024Based on the analytics, it seems that the rise may happen in November 2024. However, if the economic outlook for 2024 worsens and a recession occurs, or if the price of gold suddenly increases after interest cuts, it is very possible that this rise may start as early as April.
Still got few months to keep averaging down.
Pan American SilverHead and shoulders breakout and target reached. Longer term, this is the opportunity of a lifetime.
Pan American Silver Huge head and shoulders bottom potential seen. This stock should be a top performer in a Silver bull run.
Pan American Silver +2000%Would you like to buy silver at 2004 prices today? You have the opportunity.
Inflation will do its job - the main thing is to sit in the position 🙏🏻
2021-08-24 PAN AMERICAN SILVER - longSlow grind approaching 61.8% retracement from last peak.
Great area to start looking for low risk long trades.
PAAS - Another Silver Play Primed to RipAccumulation over the past few months has been looking nice.
Great spring for liquidity prior to this test.
3rd time testing resistance I fully expect this to breakout with great strength.
Watching for the breakout above 48.60 area.
Will be a buying on the retrace turning current resistance into support.
Pan American Silver completing important pullback. $paas $slvCanadian listed $paas looks a lot better than US counter part. Check out the current correction to monthly defined neckline. If month closes above, then could be start of reversal and move to 73$ target. Also not this will help $sil and $silj.
Pan American Silver : Long SetupThe fact that Silver prices remain cheaper than the S&P rally may have a positive effect on the stock.
In order to reduce the financial leverage, the Stop-Loss value has been manually converted to lower values.
In addition, the buy signal was taken from the weekly chart :
The infrastructure on which the analysis is generally based is given in related ideas.
Parameters :
Risk/Reward Ratio : 1 / 2.48
Stop-Loss : 28.72
Goal : 34.57
