Mission briefing

September 14, 2023

• Our preference: “Bullish” on the trend and pivot point. Alpha1’s favored outcome is illustrated by the directional arrow on the chart image.
• Daily Chart Notes – Price in uptrend. Price may briefly fall, but if price is rejected at the EMAs, look for possible long entry.
• 4 Hour Chart Notes – Price in uptrend. The price is currently around the EMA 50 area.
• Entry Notes – Look for bullish candlestick pattern forming, as well as price reject EMA 50.
• Analyst Coverages:
  • Average rating Buy and price targets ranging from $25 to $50, according to analysts polled by Capital IQ.
  • Oppenheimer Maintains Outperform Rating
• A comment that briefly describes the arguments underlying the strategy and how Alpha1 formed its opinion.
  • The pair has been trending up on the daily chart.
  • Price is making higher highs and higher lows.
  • Price recently rejected resistance of EMA 50, upward.
• The ST and MT trend summarizes Alpha1’s opinion and is Short Term (ST) over one week or Medium Term (MT) over a one-month horizon.
  • Short Term – A1’s opinion within two weeks- Bearish
  • Medium Term – A1’s opinion within one month – Bearish

Trading rules & checklist

Clear directional scenario with price targets

• Entry: Look for an entry on 1-hour chart, price rejects EMA21, Bearish candlestick confirmation.

• Exit:
  • Stop loss level and alternative scenario – Based of recent, levels, ATR calculation, or your own choice
• Clear risk management plan

• Limit for a single position – 2%    

                       Chart Analysis:

Last updated 9.24.23

• Graphical indicators and technical commentary
• Short-term and mid-term trend overview
• Details on the significance of key supports & resistance levels
• A chartist approach to assessing directional moves and price targets
• Japanese candlesticks to confirm trend reversal or acceleration

        4-hour chart

• Graphical indicators and technical commentary
• Short-term and mid-term trend overview
• Details on the significance of key supports & resistance levels
• A chartist approach to assessing directional moves and price targets
• Japanese candlesticks to confirm trend reversal or acceleration

DISCLAIMER

Please be advised that the information presented is provided to by AlphaOne Research (‘by AlphaOne Research, ‘we’) by a third-party provider (‘by AlphaOne Research). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person. It, therefore, does not involve a consideration of any of the investment objectives, financial situation, or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by AlphaOne Research.