Technical Analysis Research

The returns for the year

Pie represents total return for year and breakdown is for the two time periods, May through Sept 30 period and the Other 7 months

JC O’Hara, CAIA, CMT

3

Technical Analysis Research

JC O’Hara, CAIA, CMT

4

Technical Analysis Research

JC O’Hara, CAIA, CMT

5

Technical Analysis Research

JC O’Hara, CAIA, CMT

6

Technical Analysis Research

JC O’Hara, CAIA, CMT

7

Technical Analysis Research
Disclosure Section
Regulation AC, Analyst Certification I, JC O’Hara, certify that the views expressed in the research report accurately reflect my personal views about the subject securities or issuers. No part of my compensation was, is, or will be, directly or indirectly, related to the specific recommendations or views I have expressed in the research report. Ownership and material conflicts of interest To the best of my knowledge, FBN Securities has no beneficial ownership in any of the recommended securities and does not hold 1% or more of the subject company’s securities. At the time of this writing, neither the analyst nor his household members own the stock in subject of this report or related companies. But the analyst reserves the right to purchase the stock in the future subject to the policies and procedures of FBN Securities personal trading policy. FBN Securities limits its investment banking role in the capacity only as a selling group member, and does not act in the capacity of underwriter for any public or private deals. FBN may have or in the future be part of a selling group in the security covered. It has not received compensation for investment banking activity or from any activity to the best of my knowledge, from any company mentioned in this report within the twelve months preceding publication. FBN Securities does not compensate its research personnel for investment banking services. FBN Securities makes no market in any recommended securities. Neither the analyst nor any member of the analyst’s household is an officer, director or advisory board member of any company mentioned in this report. ***DISCLAIMERS*** This publication is provided to you for information purposes and is not intended as an offer or solicitation for the purchase or sale of any financial instrument. The information contained herein has been obtained from sources believed reliable but is not necessarily complete and its accuracy cannot be guaranteed. Any opinions or estimates contained in this report represent the judgment of the analyst at this time, and are subject to change without notice. The investments discussed or recommended in this report may not be suitable for all investors. Investors must make their own investment based on their specific investment objectives and financial position and using such independent advisers, as they believe necessary. Additional information is available upon request. Past performance should not be taken as an indication or guarantee of future results. Opinions and estimates may be changed without notice and FBN Securities disclaims any obligation to advise you of any such change. The analyst does not implement a ratings system for stocks as Technical Analysis is used for soley highlighting positive and negative charts, purely for idea generation.

JC O’Hara, CAIA, CMT

9

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