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

(Jun 24, 2016)

Open 7,771.75

High 7,813.58

Low 7,538.18

Close 7,629.72

Value P9,291,498,649

Advances 37

Declines 158

Unchanged 41

Foreign Buying
P4,335,596,963

Foreign Selling
P3,111,101,336

World Market Panics as Britain Votes to Leave the EU

Charts are courtesy of Metastock

Short-term Traders/Tsupiteros:
Support 7400 to 7480

Medium-term/Position Traders:
Support 7300

Resistance 7813

Resistance 7800 / 8200

Trend Sideways
ATR 135pts.
Recommendation Trade the range
only if support holds

Trend Sideways to Up
ATR 250pts.
Recommendation Take profits on strength

As Britain citizens voted to leave the European Union, world markets panic. The Nikkei 225 dropped almost 8%. The Hang
Seng dropped 3%. The DAX dropped almost 7%. The CAC dropped 8%. The British Pound weakened 8% against the US
Dollar. And, the Dow Jones Industrial Average dropped by more than 3% last Friday night. As for the PSEi Index, we were
down by as much as 2.5% before ending the day down by just 1.3%. Given how world markets reacted, our market
actually behaved relatively strong. I guess this is because foreign funds were still net buyers in our market. Today, they
were net buyers by more than P1.2 billion. The question now is, is the bloodbath over? Given that most markets were
down big and closed the day near their lows, I would tend to think that markets may continue to drop further by next
week. Im not sure what these foreign funds are thinking but, if they suddenly re-think their position and reverse next week,
we may end up testing, if not breaking below the markets medium-term support at 7300. Take note, foreign funds have
been net buyers in our market by P6 billion in just the last 7 days. Objectively speaking, lets see first if the bears can
break below the markets short-term support at 7400 to 7480. If those levels hold, then, prices may climb back up once
again. Tsupiteros may want to buy into the market, that is, if prices hold above those support levels early next week. As
for Position-traders, well, Im not quite sure if this Brexit event is something significant enough that could trigger a mediumterm peak in our market. I cant blame some Position-traders though if you took some money off the table today. Just
remember, all bets are off if prices break below 7300. Although the 7800 level is a level that could certainly be a mediumterm peak for this market, for now, lets just presume that this is just another short-term correction, unless proven otherwise
by the market.

Tsupitero Index

Dow Jones Industrial Average

Philex Mining Corp. (PX)

Open 7.75

High 8.40

Low 7.50

Close 8.24

Value P236,979,209

Strong Rally Continues as Gold Spikes Up due to Brexit

While almost every asset class in the planet dropped because of Brexit, there was one asset class that defied and even
catapulted to the upside Gold. In times of chaos and uncertainty, Gold becomes the preferred investment. It was up by
almost 5% last Friday. With Gold rallying, PX naturally continued to climb and was able to end the day near its highs and
with another long white candle. I wouldnt be surprised if PX continues to rally still on Monday. However, given its deep
correction to 6.90 from 9.35, the stock may simply be rallying within a big range with its upper boundary at around the
9.00 level. Tsupiteros, who are currently holding this stock, may either just hold but place stops below the 8.00 level, or,
start taking profits on strength, ideally, as close to 9.00 as possible.
PX Technical Analysis
Support

Resistance

Trend

ATR

Recommendation

7.50

8.40 / 9.00

Sideways

0.80

Hold / Take profits on strength

6.50 to 6.90

9.35

Up

1.50

Take profits on strength

Tsupitero
Position Trader

PX Top Buying and Selling Brokers

Buyers

Sellers

Monday
Tuesday
Wednesday
Thursday
Jun 20, 2016
Jun 21, 2016
Jun 22, 2016
Jun 23, 2016
BA 5.472M
Abacus 8.013M
Tower 11.534M
BA 6.540M
BPI 2.625M
Standard 7.643M Wealth 11.262M
UBS 3.800M
Tower 1.611M
Papa 4.271M
Angping 8.888M
Goldstar 3.061M
Eastern 0.902M
Astra 3.732M
Standard 8.663M
Wealth 2.989M
CLSA 0.882M
COL 3.246M
COL 7.310M
Angping 2.387M
Asiasec 7.285M PhilEquity 8.745M
BDO 19.807M
Unicap 16.138M
FirstMetro 3.476M Macquarie 8.169M PhilEquity 13.421M
Astra 5.172M
Abacus 4.100M
Venture 2.039M
Wealth 6.455M
Bernad 11.878M
Angping 1.087M David Go 6.277M
Papa 8.535M
COL 2.677M
Lucky 0.905M
RS Lim 5.958M
Abacus 7.326M
Standard 2.468M

Friday
Jun 24, 2016
COL 21.213M
BA 9.897M
E Chua 9.177M
PhilEquity 7.932M
Unicap 7.796M
Wealth 20.145M
Angping 16.139M
Tower 14.213M
Abacus 7.904M
Standard 7.770M

PX Net Foreign Activity

Amount

1,116,817

(8,504,850)

(15,645,101)

(530,521)

PX News/Rumors
Declaration of Property Dividends (amended disclosure to indicate payment date).
http://edge.pse.com.ph/openDiscViewer.do?edge_no=50d507fbe0ecb23172785c150f4cd6d2#sthash.xGqLU5GQ.dpbs

3,399,284

I removed BHI from my list of recommendations below. Although prices still closed above its indicated support
level, the risk off nature of the market now may mean that traders or investors will prioritize buying more
fundamentally sound companies.
I removed BLOOM from my list of recommendations below because it broke below my indicate support level. It
may consolidate above 5.00 though.

Recommendations for Tsupiteros

CYBR
Comments:
FGEN
Comments:
MCP
Comments:
PLC
Comments:
PNB
Comments:

Support Resistance
Trend
ATR
Recommendation
0.58
0.66
Up
0.05
Buy if support holds
Correcting back down from its peak at 0.68 but may climb back up if support holds.
Support Resistance
Trend
ATR
Recommendation
23 - 23.50
26.00
Up
1.20
Buy if support holds
Correcting back down from its peak at 26.00 but may climb back up if support holds.
Support Resistance
Trend
ATR
Recommendation
2.90 - 3
3.39
Up
0.35
Buy as long as support holds
Trying to hold above its support at 2.90 to 3.00. Bullish as long as support holds.
Support Resistance
Trend
ATR
Recommendation
1.08 - 1.09
1.20
Up
0.08
Buy as long as support holds
Holding above its support at 1.08 to 1.09. Bullish as long as support holds.
Support Resistance
Trend
ATR
Recommendation
54 - 55
59.85
Up
2.50
Buy if support holds
Correcting back down from its peak at 59.85 but may climb back up if support holds.

Technical Analysis of Selected Stocks

BLOOM
Comments:
DD
Comments:
IDC
Comments:
MEG
Comments:
SBS
Comments:

Support Resistance
Trend
ATR
Recommendation
5.00
6.00
Sideways to Up
0.40
Buy as low as you can
Downswing accelerates but now approaching oversold conditions.
Support Resistance
Trend
ATR
Recommendation
54.40
63.10
Sideways
5.50
Trade the range
Encountered resistance at 63.10 but holding above its support at 54.40.
Support Resistance
Trend
ATR
Recommendation
4.35 - 4.50
5.50
Up
0.80
Trade the range if support holds
Big drop from its peak at 5.53 but now testing support at 4.35 to 4.50.
Support Resistance
Trend
ATR
Recommendation
4.24 / 4.36
4.78
Sideways
0.20
Trade the range
Encountered resistance at 4.78 but now trying to hold above the 4.36 level.
Support Resistance
Trend
ATR
Recommendation
6 / 6.30
7.05
Sideways
0.50
Sell on strength
Formed a peak at the 7.05 level. Trying to hold above its support at 6.30.

Todays Notes for Tsupiteros

Stock Top Ten Net Foreign Buying
P209,080,600
GLO
P183,852,385
SMPH
P128,938,290
URC
P103,491,205
AC
P82,241,640
GTCAP
P81,959,136
JFC
P73,921,000
TEL
P71,953,286
BDO
P69,635,258
MBT
P51,562,908
ICT
Stock Top Ten Net Foreign Selling
(P38,632,706)
MPI
(P24,197,394)
X
(P14,179,462)
AGI
(P10,755,600)
FLI
(P10,473,305)
CNPF
(P10,097,536)
DNL
(P9,445,481)
BLOOM
(P8,552,704)
JGS
(P5,272,195)
FPH
(P4,833,335)
ABSP

Stock Top Ten

ALI
URC
MBT
SMPH
GLO
MEG
MPI
JGS
FGEN
DD
Stock Top Ten
APX
IDC
MA
MAB
DD
MCP
BLOOM

PXP
PX
SSI

Most Active
P900,012,030
P455,355,954
P452,146,121
P434,030,175
P389,037,360
P386,177,650
P326,755,847
P298,125,052
P288,227,115
P277,954,013
Most Volatile
43.17%
21.74%
15.38%
14.29%
14.14%
13.80%
13.05%
12.41%
11.84%
11.78%

Stock Top Ten Gainers

40.97%
APX
8.42%
PX
4.60%
LC
2.00%
LCB
1.21%
JFC
1.13%
EMP
0.64%
LPZ
0.61%
ISM
0.54%
AUB
0.35%
AC
Stock Top Ten Losers
-14.93%
IDC
-8.75%
ATN
-7.46%
BLOOM
-7.25%
SBS
-6.69%
SSI
-6.06%
CYBR
-5.80%
IS
-5.26%
EEI
-4.87%
NIKL
-4.84%
BHI

Top Gainers and Losers since the Trough at 6941 on May 10, 2016
Gainers
PXP
86.36%
DD
57.69%
APX
57.64%
IDC
50.50%
MCP
39.56%
ACR
38.57%
PLC
37.65%
CYBR
36.26%
PX
34.20%
BLOOM
33.82%

Losers
LIB
-24.53%
ATN
-17.05%
ATNB
-15.73%
ABS
-12.93%
MARC
-12.50%
ISM
-12.30%
ABSP
-12.23%
GMAP
-12.23%
ANI
-11.43%
SSI
-10.94%

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 todays high to todays low
The distance from yesterdays close to todays high
The distance from yesterdays close to todays 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