Technical Analysis

© TradeStation

---

IMPORTANT INFORMATION:

TradeStation Securities, Inc. and TradeStation Crypto, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., operating, and providing products and services under the TradeStation brand and trademark. TradeStation Securities is an SEC-licensed broker dealer and a CFTC-licensed futures commission merchant, and a member of FINRA, SIPC, CME, NFA and several equities and futures exchanges, which offers to self-directed investors and traders Equities accounts for stocks, exchange-traded products and equity and index options, and Futures accounts for commodity and financial futures and futures options. TradeStation Securities does not offer cryptocurrency products other than exchange-traded futures products. TradeStation Crypto is an online cryptocurrency brokerage for self-directed investors and traders in virtual currencies. TradeStation Crypto operates under certain money service and money transmitter licenses and registrations, is not licensed by the SEC or CFTC, and does not offer equities or futures products.

No offer or solicitation to buy or sell securities, securities derivative or futures products, or virtual currency or digital asset products, or account types of any kind, or any type of trading or investment advice, recommendation or strategy, is made, given or in any manner endorsed by any TradeStation company, and the information made available on this website is not an offer or solicitation of any kind in any jurisdiction.

Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that an investor may sustain a loss equal to or greater than his or her entire investment regardless of which asset class is being traded (equities, options, futures or crypto); therefore, no one should invest or risk money that he or she cannot afford to lose. Options trading is not suitable for all investors, and the document titled Characteristics and Risks of Standardized Options should be reviewed before making a decision to do options investing or trading. In all online and electronic trading, system access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.

Neither any TradeStation company, nor any of its representatives, provide ‘‘fiduciary’’ investment advice or recommendations to employee benefit plans, participants or beneficiaries under the Employee Retirement Income Security Act of 1974 (ERISA or the Act), or owners of individual retirement accounts (IRAs) under the Internal Revenue Code of 1986 (Code). Neither any TradeStation company, nor any of its associated persons, registered representatives, employees, or affiliates, offer investment advice or recommendations.

TradeStation may provide general information to prospective customers for the purposes of making an informed investment decision on their own. The information provided is not intended to be investment advice, nor does it fall within the definition of investment advice or recommendations as defined by the SEC’s Regulation Best Interest.