PAAS first profit target hit

PAAS Jan 22nd

PAAS (Pan American Silver Corp) is another of the top picks in the gold & silver mining sector which hit it’s first profit target yesterday for about a 15% gain since the Dec 31st Time To Start Buying Gold post (as well as the Jan 2nd follow-up post highlighting the backtest of the falling wedge pattern).  T2 (14.12) remains my final & preferred target on PAAS at this time although a pullback and/or consolidation around the T1 level is likely.