Pan American Silver Corp. (NASDAQ: PAAS)

Pan American Silver Corp., together with its subsidiaries, operates and develops, and explores for silver producing properties and assets in Mexico, Peru, Argentina, and Bolivia. The company also produces and sells gold, zinc, lead, and copper. It holds interests in the Huaron, Morococha, Alamo Dorado, Dolores, La Colorada, Manantial Espejo, and San Vicente mines. The company was founded in 1979 and is headquartered in Vancouver, Canada.
Take a look at the 1-year chart of Pan (NASDAQ: PAAS) below with my added notations:

PAAS has formed a clear resistance at $9.75 (red). In addition, the stock is climbing a short-term, uptrending support level (green) over the last couple of months. These two levels combined have PAAS stuck within a common chart pattern known as an ascending triangle. Eventually, the stock will have to break one of those levels.

The Tale of the Tape: PAAS has an uptrending support and a $9.75 resistance level to watch. A long trade could be made on a breakout above $9.75 or on a pullback to the trendline. A break below the trendline support would be an opportunity to enter a short trade.
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