The Tsupitero Newsletter is a daily Technical Analysis report by Miko S. Sayo.

The report is
divided into three parts:

1. A daily Technical Analysis report of the PSEi;

2. A comprehensive Technical Analysis report of the most active and volatile stock during the
day; and,
3. Recommended stocks for tsupita (short-term) trades, and, notes for Tsupiteros, which includes
the following: the top 10 stocks that foreign funds are buying and selling; the top 10 most active
stocks; the top 10 most volatile stocks; and, the top 10 gainers and losers for the day. These
statistics would exclude stocks that are illiquid.
The comprehensive Technical Analysis report of the most volatile and most active stock during
the day is divided between a Technical Analysis for Tsupiteros (short-term traders) and a
Technical Analysis for Position Traders. Each of these Technical Analyses will include such data
as its daily chart, support, resistance, trend, average true range, relative strength vs. the Phisix,
a discussion of the technical character of the stock and a recommendation. Included also in the
analysis of each of these stocks are other practical information such as the top three buying and
selling brokers for the past five days, the amount that these brokers bought and sold for the
past five days, the net foreign buying and/or selling for the past five days and the news or
rumor currently affecting the movement of the stock in the short-term.
With regards to the "Recommended stocks for Tsupita" section of the newsletter, I usually
choose around 3 stocks that are actually my best bets for a short-term trade or for a Tsupita.
With each stock recommendation, there is a short technical description of the stock as well as
my suggested trigger for buying the stock.

The cost of a one-month subscription to the Tsupitero newsletter is P1,000.00. To subscribe to

the Tsupitero newsletter, please email Miko at miko@tsupitero.com. One may pay by simply
making an over-the-counter deposit to the following bank account:

BPI Savings Account No. 3149-0491-25

Account Name – Michael S. Sayo

The Tsupitero newsletter will be emailed everyday on or before 9:00 in the evening.
 The PSEi (Oct 10, 2016)
Open – 7,584.46 High – 7,586.36 Low – 7,523.97 Close – 7,534.71 Value – P4,569,620,504
Foreign Buying – Foreign Selling –
Advances – 60 Declines – 103 Unchanged – 53
P2,892,421,837 P3,422,895,657
Breaking Down Below Support?

Charts are courtesy of Metastock

Short-term Traders/Tsupiteros: Medium-term/Position Traders:
Support – 7500 Support – 7300 / 7500
Resistance – 7650 Resistance – 8450
Trend – Sideways to Down Trend – Sideways to Up
ATR – 70pts. ATR – 200pts.
Recommendation – Sell on strength
Recommendation – Hold
as long as 7650 holds
The PSEi Index continued to drop lower today for a fourth day in a row and is now fast approaching the psychological
support at 7500. While the market is still above 7500 right now, I have to admit, it’s just getting more precarious by the
day. You can see in the chart above that prices have now actually broken below a supportline, which it has held for the
last few weeks. Again, the bulls still has some hope but they got to act right now, before prices break below 7500. The
continued foreign selling is not helping the bulls at all though. Today, they were net sellers again by P530 million. To at
least, calm down the nervous bulls, prices must at least take out 7650 to the upside. The longer we stay below 7650, the
more bearish it becomes as less and less people are able to sell at high prices. Tsupiteros, who are still long right now,
are recommended to sell on strength, that is, as long as we continue to trade below the 7650 level. Position-traders, on
the other hand, are recommended to use a break below the 7500 as your mental stop. I would not recommend adding
positions yet right now, unless we are sure that the market is in the clear.
 Tsupitero IndeX

Dow Jones Industrial Average

 Philweb Corporation (WEB)
Open – 8.50 High – 8.90 Low – 8.00 Close – 8.10 Value – P63,180,272
Gap Up on News that PAGCOR will allow Online Gambling to Resume but…

WEB immediately gapped up to 8.50 at the opening as news came out over the weekend that PAGCOR will continue to
allow online gambling. The stock climbed up to as high as 8.90 but was sold down once again. It ended the day at its
lows at 8.10. Again, the big question mark for WEB is, will PAGCOR renew its license? Any announcement from PAGCOR
whether they will renew or license or not, will result in a big move for WEB either up or down. In the meantime, expect
prices to consolidate within its range. The lower band of the range is now at the 7.25 level while the upper band is at
8.90. More aggressive Tsupiteros may want to trade the range of this stock by buying as close to 7.25 as possible and
selling as close to 8.90 as possible. Take note, a convincing break above or below this range, even without any news from
PAGCOR, may indicate that news is forthcoming.

WEB Technical Analysis

Support Resistance Trend ATR Recommendation
Tsupitero 7.25 8.90 Up 1.30 Trade the range
Position Trader 5.28 11.40 Sideways 2.25 Trade the range
WEB Top Buying and Selling Brokers
Tuesday Wednesday Thursday Friday Monday
Oct 4, 2016 Oct 5, 2016 Oct 6, 2016 Oct 7, 2016 Oct 10, 2016
Mercantile – 9.875M UBS – 15.637M BPI – 4.650M Wealth – 3.409M
Golden T – 0.969M Lucky – 1.873M Venture – 8.863M COL – 2.280M SB – 2.309M
Buyers DA Market – 0.116M DA Market – 1.804M Goldstar – 2.266M Golden T – 1.795M Papa – 2.015M
BPI – 0.092M Strategic – 1.289M Summit – 1.676M Mercantile – 1.709M COL – 1.947M
SB – 1.167M Angping – 1.523M Summit – 1.642M Goldstar – 1.877M
COL – 6.384M DA Market – 4.859M DA Market – 8.374M AB Cap – 2.465M
COL – 0.574M BPI – 2.619M Papa – 3.448M Venture – 4.851M Lucky – 2.461M
Sellers MDR – 0.173M FirstMetro – 2.499M RCBC – 3.249M Angping – 1.777M FirstMetro – 2.076M
DBP-Daiwa – 0.15M DBP-Daiwa – 1.98M Yu&Co – 2.836M Accord – 1.424M Quality – 1.792M
Tower – 0.630M Strategic – 2.313M SB – 1.065M DA Market – 1.034M
WEB Net Foreign Activity
Amount (152,286) (2,120,414) 11,404,013 (294,729) (1,150,206)
WEB News/Rumors
Online gambling to resume under stricter regime: PAGCOR. http://news.abs-cbn.com/business/10/08/16/online-gambling-to-resume-
under-stricter-regime-pagcor
Reply to Exchange’s Query regarding Tender Offer.
http://edge.pse.com.ph/openDiscViewer.do?edge_no=ef2f18e202136d5172785c150f4cd6d2
Divestment of Ongping Shares in PhilWeb Concluded.
http://edge.pse.com.ph/openDiscViewer.do?edge_no=51091256e00befcf72785c150f4cd6d2#sthash.yhhjJHdJ.dpbs
• I removed PHEN from my list of recommendations below because it might just consolidate further, at best, for now.

Recommendations for Tsupiteros

Support Resistance Trend ATR Recommendation
DFNN 6.60 7.00 Sideways to Up 0.20 Buy as long as support holds
Comments: Continuing to consolidate within its range but may begin to trend up if resistance breaks.
Support Resistance Trend ATR Recommendation
GLO 1750 - 1800 1950.00 Down 75.00 Buy as low as you can
Comments: Trying to hold above the 1800.00 level. May rally back up if support holds.
Support Resistance Trend ATR Recommendation
IMI 6.00 6.18 Sideways 0.10 Buy as long as support holds
Comments: Consolidating between 6.00 and 6.18. May begin to trend up if resistance breaks.
Support Resistance Trend ATR Recommendation
PLC 1.01 1.06 Sideways to Up 0.02 Buy the dips
Comments: May have begun to rally already. Bullish as long as 1.00 holds.
Support Resistance Trend ATR Recommendation
RCB 35.50 36.15 Sideways to Up 0.20 Buy as long as support holds
Comments: Continuing to consolidate within its range but may begin to trend up if resistance breaks.

Technical Analysis of Selected Stocks

Support Resistance Trend ATR Recommendation
ALT 3.30 3.80 / 4.00 Up 0.30 Hold
Comments: Strong rally off its trough at 3.03 but now approaching resistances at 3.80 to 4.00.
Support Resistance Trend ATR Recommendation
BLOOM 4.60 5 / 5.30 Sideways to Down 0.25 Buy the dips
Comments: Strong rally off its trough at 4.51. Looks poised to rally further.
Support Resistance Trend ATR Recommendation
MRC 0.15 - 0.155 0.197 Down 0.020 Sell on strength
Comments: Broke below its support at 0.19. May have begun to trend down already.
Support Resistance Trend ATR Recommendation
PRMX 3.90 4.40 - 4.50 Sideways to Up 0.30 Trade the range
Comments: Rallying off its trough at 3.84. May continue to rally further.
Support Resistance Trend ATR Recommendation
YEHEY 5.40 6.45 / 6.80 Sideways to Up 0.65 Trade the range
Comments: Strong rally off its trough at 5.25 but already encountering resistance at 6.45?
 Today’s Notes for Tsupiteros
Stock Top Ten Net Foreign Buying Stock Top Ten Most Active Stock Top Ten Gainers
BLOOM P40,125,510 AC P534,913,545 ALT 16.13%
TEL P29,820,615 GTCAP P461,753,015 YEHEY 13.21%
FLI P12,466,720 ALI P376,958,015 BLOOM 7.28%
JGS P12,384,930 URC P256,158,662 WEB 5.33%
BDO P10,151,220 TEL P200,812,220 PRMX 4.07%
MWC P8,028,230 SMPH P189,495,865 NIKL 1.55%
NIKL P7,820,906 GLO P183,629,010 DD 1.52%
COSCO P6,759,231 BPI P175,111,948 LIB 1.33%
DMC P4,097,196 SM P157,348,735 PLC 0.97%
STI P3,839,500 MBT P155,327,839 BPI 0.68%
Stock Top Ten Net Foreign Selling Stock Top Ten Most Volatile Stock Top Ten Losers
SECB (P100,432,878) YEHEY 21.70% MRC -10.26%
SMPH (P62,758,210) ALT 20.00% MED -6.33%
GLO (P59,295,445) WEB 15.73% MPI -2.84%
AC (P52,685,835) MRC 12.31% LR -2.78%
SM (P50,950,525) BLOOM 7.51% FAF -2.70%
GTCAP (P44,759,050) FAF 6.76% NOW -2.61%
URC (P42,395,646) MED 6.33% CAL -2.10%
LTG (P34,717,864) LR 5.93% DNL -2.08%
RLC (P32,593,410) PRMX 5.85% VLL -2.07%
MBT (P26,880,732) TUGS 4.81% ICT -2.00%

Top Gainers and Losers from the Peak at 7719 last Oct 4, 2016
Gainers Losers
WEB 37.76% MRC -15.87%
YEHEY 11.11% MED -13.95%
BLOOM 7.76% GLO -10.78%
ALT 7.46% DAVIN -10.53%
VITA 4.82% LCB -6.40%
STI 4.48% MEG -6.03%
SLI 3.85% TEL -5.82%
LIB 3.15% SECB -5.43%
PCOR 2.94% IS -5.20%
PXP 2.12% CYBR -5.08%
Important Notice - The Technical Analysis and Recommendation for Tsupiteros are meant to be used by
Traders who have a holding period of between one day and two weeks. The Technical Analysis and
Recommendation for Position Traders are meant to be used by Traders who have a holding period of between
two weeks and three months. Traders who have a holding period of more than three months are not advised to
use this newsletter.

Legend:
+ recommend to buy if resistance is taken out to the upside
* recommended stop
^ recommendation has changed from the previous day

Glossary of Terms:

1. Support - A historical price level at which falling prices have stopped falling and either moved sideways or
reversed direction; usually seen as a price chart pattern.

2. Resistance - A historical price level at which rising prices have stopped rising and either moved sideways or
reversed direction; usually seen as a price chart pattern.

3. Average True Range (ATR) – defined by Wilder to be the greatest of the following for each period:
• The distance from today’s high to today’s low
• The distance from yesterday’s close to today’s high
• The distance from yesterday’s close to today’s low
The Average True Range is simply the average of the true ranges over the past x periods (where x is specified
by the user). In this newsletter, the ATR is computed in percentage terms. The ATR for Tsupiteros is calculated
on a lookback period of 3 days, while the ATR for Position Traders is calculated on a lookback period of 3
weeks.

4. Trend - The general drift, tendency or bent of a set of statistical data as related to time.

Disclaimer – This document is published by Michael S. Sayo. The information in this document has been
obtained from sources believed to be reliable. Its accuracy or completeness is not guaranteed. Opinions
expressed are subject to change without notice. Any recommendation contained in this document does not have
regard to the specific investment objectives, financial situation and the particular needs of any specific addressee.
This document is for the information of the addressee only and it is not to be taken in substitution for the
exercise of judgment by the addressees, who should obtain separate legal or financial advice. Michael S. Sayo
accepts no liability for any direct or incidental loss arising from the use of this document or further
communication given in relation to this document. This document is not to be construed as an offer or a
solicitation of an offer to buy or sell any securities. I may or may not hold the securities that I recommend in
this newsletter.

Author: Miko S. Sayo

Certified Financial Technician (CFTe)
Email: miko@tsupitero.com
Website: http://www.tsupitero.com