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Pan American Silver

187
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$.

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