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

(Dec 2, 2013)

Open 6,215.11

High 6,269.69

Low 6,212.89

Close 6,223.37

Value P5,305,319,493

Advances 79

Declines 63

Unchanged 36

Foreign Buying
P3,525,601,753

Foreign Selling
P3,328,406,844

Shooting Star Pattern Indicates Peak at 6270?

Charts is courtesy of Metastock

Short-term Traders/Tsupiteros:
Support 5955 / 6200

Medium-term/Position Traders:
Support 5500

Resistance 6270 / 6386

Resistance 6650

Trend Down
ATR 85pts.

Trend Sideways
ATR 240pts.

Recommendation Sell or Take profits

Recommendation Trade the range

After climbing for the last five days, the bulls appear to have gotten exhausted as prices have formed a potentially bearish
shooting star pattern today. Could todays high at 6270 have been a short-term peak for the market? That certainly is how
it is looking right now. From the way I see it, prices may correct back down from here. Confirmation of this will be if
prices break below the minor support line at 6200. A close below that level would confirm that a short-term correction is
underway. Cant the market continue to climb up from here? Sure but that would be the exception than the rule. Take
note, despite the relatively strong rally in the last five days, this market is still trending down in the short-term and is
currently at the high side of its range. Foreign funds were finally net buyers today but only by just less than P200 million.
Tsupiteros may have sold or taken profits today. For those who are still long, I would suggest to use a break below the
6200 level as your mental stop. Position-traders, on the other hand, are still recommended to range trade this market by
buying as close to 5500 as possible and selling as close to 6650 as possible.

Tsupitero Index

Dow Jones Industrial Average

Emperador, Inc. (EMP)

Open 11.50

High 11.96

Low 11.40

Close 11.94

Value P163,958,156

Rallying Strongly but Now Approaching Resistances

EMP was one of the strongest big cap stocks in the market today as prices continued to climb higher for a fourth day in a
row. With the stock closing the day at its highs and with another long white candle, I would tend to think that the stock
may continue to climb further from here. However, prices are now approaching its previous highs here at the 12.20 and
12.50 levels. Unless something really bullish is going on with the stock, I expect the bulls to probably hesitate as it gets
closer and closer to those levels. The big picture of the stock looks a bit confusing. Although prices are still in a sideways
to downward trend in the medium-term, it is now testing its resistances and is trying to breakout above those resistance
lines, which is also at the 12.20 to 12.50 levels. If the stock somehow is able to break through those levels, then, maybe,
the stock can finally trend up in the medium-term as well. Tsupiteros, who currently have positions in this stock, are
recommended to just hold and observe the stocks behavior near those 12.20 to 12.50 resistance area. If it would seem
that prices are hesitating, then, I would suggest to take some money off the table, otherwise, just hold. You may also opt
to just hold and use a break below the 11.40 level as your mental stop.
EMP Technical Analysis
Support

Resistance

Tsupitero

15.58

12.20 to 12.50

Position Trader

10.46

Trend

Sideways
to Up
Sideways
14.50 to 15.00
to Down

ATR

Recommendation

0.50

Hold

1.00

Buy if breakout above 12.50

EMP Top Buying and Selling Brokers

Buyers

Sellers

Tuesday
Nov 26, 2013
Macquarie 20.49M
RCBC 6.300M
ATR 5.480M
Thing-On 5.460M
MountPeak 1.986M
PhilEquity 21.012M
CreditSui 4.924M
JPMorgan 4.740M
Public 3.766M
Ansaldo 3.679M

Wednesday
Nov 27, 2013
Macquarie 19.19M
Mandarin 5.801M
Papa 2.436M
Wealth 2.396M
MountPeak 1.155M
Thing-On 15.763M
Public 8.590M
JPMorgan 6.513M
ATR 4.060M
PhilEquity 0.468M

Thursday
Nov 28, 2013
CLSA 17.804M
RCBC 14.914M
Thing-On 9.325M
Mandarin 8.384M
Macquarie 6.642M
PhilEquity 32.635M
JPMorgan 25.27M
UBS 5.971M
AB Cap 1.617M
SB 1.101M

Friday
Nov 29, 2013
CLSA 7.191M
Mandarin 6.694M
DBP-Daiwa 6.46M
ATR 1.342M
Quality 1.134M
Wealth 8.481M
Valueqst 3.972M
Papa 3.022M
Thing-On 2.659M
Tower 1.197M

Monday
Dec 2, 2013
DBP-Daiwa 26.0M
Mandarin 12.642M
CLSA 10.873M
SB 6.522M
Strategic 5.888M
Macquarie 13.01M
FirstMetro 11.914M
Wealth 11.061M
Valueqst 9.415M
CreditSui 5.342M

21,516,966

29,375,626

EMP Net Foreign Activity

Amount

(36,051,978)

(45,396,268)

(18,883,240)

EMP News/Rumors
No News or Rumors

I am maintaining EEI from my list below but, admittedly, it is already behaving below my expectations.
Im still giving it the benefit of the doubt though as long as its indicated support level holds.
COSCO and FLI are of the same type of set-up. They are trending down strongly but are trying to hold
above current levels. Take note though, if 9.50 in COSCO and 1.30 in FLI doesnt hold, they may
accelerate downwards. Of course, if they are able to take out their resistances, then, it may begin to
rally.

Recommendations for Tsupiteros

EEI
Comments:
COSCO
Comments:
FLI
Comments:
ORE
Comments:
VMC
Comments:

Support Resistance
Trend
ATR
Recommendation
10.16 - 10.28
Sideways
0.25
Hold / Buy if breakout
9.88
Still hesitating at the 10.16 level. Needs to take out that level in order to climb.
Support Resistance
Trend
ATR
Recommendation
9.00 / 9.50
9.79
Down
0.20
Buy if breakout or Buy near 9.00
Still hesitating at the 9.79 level. Needs to take out that level in order to climb.
Support Resistance
Trend
ATR
Recommendation
1.15 / 1.30
1.35
Down
0.05
Buy if breakout or Buy near 1.15
Still hesitating at the 1.35 level. Needs to take out that level in order to climb.
Support Resistance
Trend
ATR
Recommendation
1.25
1.35
Sideways to Down
0.05
Buy as long as support holds
Hesitating at the 1.35 level but now bullishly holding above 1.25.
Support Resistance
Trend
ATR
Recommendation
1.80
1.86
Up
0.05
Buy as long as support holds
Still trying to hold above the 1.78 to 1.80 level. May start climbing if support holds.

Technical Analysis of Selected Stocks

BHI
Comments:
FPH
Comments:
MEG
Comments:
PCOR
Comments:
TA
Comments:

Support Resistance
Trend
ATR
Recommendation
0.145
0.164
Sideways
0.012
Take profits on strength
Rallying from its trough at 0.145 but still heavy resistances up above.
Support Resistance
Trend
ATR
Recommendation
48 / 50
57.00
Down
3.10
Sell
Formed a short-term peak at the 57.10 level? Poised to trend down further?
Support Resistance
Trend
ATR
Recommendation
3.20
3.54
Down
0.14
Take profits
Formed a short-term peak at the 3.54 level? Poised to correct back down?
Support Resistance
Trend
ATR
Recommendation
13.88
14.65 - 15
Up
0.45
Hold
Broke above its resistance. Continuing to trend up strongly.
Support Resistance
Trend
ATR
Recommendation
1.40
1.60
Down
0.12
Trade the range
Appears to have formed a short-term trough at 1.40. May rally back up.

Todays Notes for Tsupiteros

`
Top Ten Net Foreign Buying
P133,006,750
TEL
P105,358,005
MBT
P82,248,464
SMPH
P63,364,790
ICT
P33,098,096
PCOR
P29,668,074
LTG
P29,375,626
EMP
P20,313,693
BDO
P16,214,875
GLO
P15,331,590
SM
Stock Top Ten Net Foreign Selling
(P72,172,801)
DNL
(P53,111,170)
FLI
(P43,777,430)
MEG
(P41,141,180)
TA
(P23,395,464)
SECB
(P22,597,779)
FPH
(P19,825,310)
MWC
(P17,941,366)
RWM
(P16,307,035)
JGS
(P15,994,105)
ALI

Stock Top Ten

TEL
SM
AC
JGS
ALI
MPI
MBT
EMP
URC
DMC
Stock Top Ten
FPH
BKD
PXP
TA
GLO
BHI
OV
PCOR
EMP
ICT

Most Active
P532,767,190
P310,919,655
P279,673,175
P270,429,785
P258,671,415
P197,343,050
P178,642,096
P163,958,156
P161,805,143
P154,226,300
Most Volatile
7.71%
7.62%
7.46%
6.16%
5.68%
5.52%
5.41%
5.39%
5.28%
4.91%

Stock Top Ten Gainers

5.68%
GLO
5.11%
EMP
3.45%
BHI
3.35%
LMG
3.20%
PCOR
3.14%
BKD
2.88%
FGEN
2.65%
ICT
2.42%
ABSP
2.39%
VLL
Stock Top Ten Losers
-2.70%
OV
-2.11%
ALI
-2.01%
MEG
-1.74%
FPH
-1.66%
PGOLD
-1.59%
SM
-1.23%
CPG
-1.11%
PXP
-0.72%
LPZ
-0.52%
COSCO

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