TECHNICAL GUIDE

FINANCIALS

Ticker

Market
Price

Support
1

Support
2

Resistance Resistance
1
2

AGF

2.79

2.12

2.12

3.00

5.00

AUB
BDO
BKR
BPI
CHIB
EW
MBT
PBB
PNB
PSE
RCB
SECB
UBP

69.20
103.00
1.30
84.15
42.65
20.00
84.75
17.10
53.35
300.00
31.20
141.00
49.80

64.20
98.50
1.30
80.00
40.00
18.02
75.00
14.00
45.80
290.00
30.00
130.00
40.00

60.00
91.00
1.00
75.50
37.20
18.02
70.00
13.82
40.00
280.00
25.50
120.00
30.00

72.00
105.00
2.00
90.00
43.70
22.00
85.00
18.00
61.00
320.00
41.00
145.00
60.00

75.00
110.00
2.50
96.00
44.50
23.55
94.00
20.00
65.00
340.00
44.70
150.00
64.00

AS OF: 20 SEPTEMBER 2015

PREPARED BY: TRADING EDGE

Trend

Recommendation

Support
Break
Sideways
Up
Down
Up
Down
Down
Up
Down
Down
Sideways
Down
Up
Down

Sell on rally
Range trade
Buy on dips
Sell on rally
Take profits
Sell on rally
Sell on rally
Take profits
Sell on rally
Sell on rally
Hold
Sell on rally
Buy on dips
Sell on rally

TECHNICAL GUIDE

CONGLOMERATES

Ticker

Market
Price

Support
1

Support
2

Resistance Resistance
1
2

AC
782.00 760.00 700.00
800.00
AEV
57.45
50.00
48.00
59.00
AGI
19.90
18.00
15.00
22.00
ANS
6.64
6.40
6.30
7.20
BEL
3.01
3.00
2.00
3.80
COSCO
7.10
6.35
5.10
7.30
DMC
12.90
10.40
9.00
13.00
FDC
4.20
4.00
3.00
4.90
FPH
66.65
65.50
62.00
76.00
GTCAP 1,300.00 1,200.00 1,120.00 1,300.00
HI
6.00
5.50
5.00
7.00
JGS
70.85
61.00
55.00
74.90
LPZ
6.27
5.14
4.90
7.00
MACAY 46.95
45.00
40.00
60.00
MPI
5.13
4.50
4.40
5.40
SM
880.00 840.00 800.00
933.00
SMC
45.80
40.00
37.50
54.50
TFHI
66.00
60.00
58.05
80.00
LTG
12.36
12.00
11.34
13.52

823.50
61.60
24.00
7.39
4.00
7.80
14.00
5.32
85.00
1,450.00
7.50
76.00
7.50
74.00
6.30
974.00
72.00
100.00
15.96

AS OF: 20 SEPTEMBER 2015

PREPARED BY: TRADING EDGE

Trend

Recommendation

Up
Up
Down
Sideways
Down
Down
Down
Sideways
Up
Up
Sideways
Up
Up
Up
Sideways
Up
Down
Down
Down

Buy on dips
Buy on dips
Sell on rally
Range trade
Sell on rally
Sell on rally
Sell on rally
Hold
Take profits
Buy on dips
Range trade
Buy on dips
Buy on dips
Buy on dips
Range trade
Buy on dips
Sell on rally
Sell on rally
Sell on rally

TECHNICAL GUIDE

CONSUMER

Ticker

Market
Price

Support
1

Support
2

DMPL

10.16

10.04

10.04

11.00

DNL

10.92

10.50

9.28

EMP
FOOD
GSMI
JFC

7.95
0.97
12.50
184.00

7.80
0.87
12.50
175.50

MAXS

21.90

PF
PGOLD
PIP
RFM
RRHI
SEVN
SSI
URC
VMC

135.00
31.65
4.09
4.03
71.90
105.00
7.02
191.10
4.62

Resistance Resistance
1
2

Trend

Recommendation

11.50

Down

Sell on rally

11.50

11.94

Resistance
Break

Buy on dips

6.51
0.84
11.25
170.00

8.50
1.00
14.00
195.00

10.00
1.10
15.00
200.00

18.00

17.30

24.00

28.00

130.00
30.00
4.00
4.00
63.80
90.00
5.77
180.00
4.00

91.00
25.00
3.50
3.50
60.00
80.00
5.77
173.00
3.50

160.00
34.00
4.40
4.78
80.00
120.00
7.50
200.00
4.80

180.00
36.00
4.60
5.20
90.00
140.00
7.59
210.00
5.00

AS OF: 20 SEPTEMBER 2015

PREPARED BY: TRADING EDGE

Down
Down
Down
Up
Support
Break
Down
Down
Sideways
Down
Up
Up
Down
Up
Sideways

Sell on rally
Sell on rally
Sell on rally
Take profits
Sell on rally
Sell on rally
Sell on rally
Range trade
Sell on rally
Take profits
Take profits
Sell on rally
Buy on dips
Hold

TECHNICAL GUIDE

PROPERTY

Ticker

Market
Price

Support
1

Support
2

ALI
ARA

35.05
1.12

32.50
1.12

30.00
1.00

36.00
1.40

37.50
1.70

CHI

4.87

4.60

4.50

5.00

5.48

CPG
CYBR
DD
ELI
FLI
GERI
HOUSE
IRC
MEG
RLC
ROCK
SLI
SMPH
SUN
VLL

0.58
0.4300
20.00
0.81
1.78
1.05
7.17
1.40
4.50
28.80
1.55
0.73
22.35
0.67
5.48

0.55
0.38
14.00
0.70
1.68
1.00
6.50
1.35
4.20
26.75
1.40
0.65
20.00
0.57
4.37

0.50
0.20
10.48
0.60
1.60
0.81
6.00
1.20
3.76
25.00
1.40
0.59
18.10
0.50
4.00

0.80
0.42
20.00
0.85
1.85
1.20
8.00
1.51
4.60
30.00
1.60
0.75
22.50
0.80
5.50

0.90
0.49
20.00
0.90
2.05
1.40
8.50
1.55
5.20
31.80
1.70
0.80
22.50
0.90
6.00

Resistance Resistance
1
2

AS OF: 20 SEPTEMBER 2015

PREPARED BY: TRADING EDGE

Trend

Recommendation

Up
Down
Support
Break
Down
Down
Up
Down
Up
Down
Down
Sideways
Up
Up
Down
Down
Up
Down
Up

Buy on dips
Sell on rally
Sell on rally
Sell on rally
Sell on rally
Buy on dips
Sell on rally
Buy on dips
Sell on rally
Sell on rally
Hold
Take profits
Buy on dips
Sell on rally
Sell on rally
Buy on dips
Sell on rally
Buy on dips

TECHNICAL GUIDE

INDUSTRIAL AND COMMERCIAL

Ticker

Market
Price

Support
1

Support
2

Resistance Resistance
1
2

ACR
AP

1.70
42.70

1.41
40.00

1.20
38.00

1.90
46.00

2.00
47.00

CIC

46.70

40.00

35.00

50.00

55.00

EDC

6.09

5.00

4.25

6.30

7.00

EEI
FGEN
HLCM

7.97
24.00
13.80

6.00
21.30
12.00

4.60
20.00
11.00

9.40
24.30
14.00

10.50
28.00
14.50

ICT

84.90

80.00

70.00

98.00

101.10

LRI

9.00

8.65

8.55

10.00

MER

298.40

275.00

265.20

MWC

23.00

20.00

MWIDE

5.60

PCOR
PNX

Trend

Recommendation

Range trade
Buy on dips

11.00

Sideways
Up
Support
Break
Support
Break
Down
Up
Sideways
Support
Break
Sideways

300.00

310.00

Resistance
Break

Buy on dips

15.00

23.00

25.40

5.10

4.00

6.50

7.00

6.86
3.39

6.00
2.95

5.00
2.60

9.00
3.50

9.50
3.80

TA

1.81

1.65

1.60

1.85

2.00

AS OF: 20 SEPTEMBER 2015

PREPARED BY: TRADING EDGE

Support
Break
Support
Break
Down
Down
Support
Break

Sell on rally
Sell on rally
Sell on rally
Take profits
Range trade
Sell on rally
Range trade

Sell on rally
Sell on rally
Sell on rally
Sell on rally
Sell on rally

TECHNICAL GUIDE

SERVICES

Ticker

Market
Price

Support
1

Support
2

Resistance Resistance
1
2

ABS
ABSP

60.00
60.00

53.00
55.00

50.00
50.00

65.00
68.15

BHI

0.0610

0.0600

0.0550

0.0770

BLOOM

6.37

6.29

4.90

8.28

CEB
91.75
84.00
82.00
94.00
GLO 2,528.00 2,328.00 2,160.00 2,720.00
GMA7
6.42
5.95
5.70
7.00
GMAP
6.28
5.88
5.00
7.00
LR

8.80

7.10

6.58

9.00

LOTO
MCP
PLC
RWM
STI

19.00
5.35
1.17
3.40
0.52

18.00
4.88
1.00
3.40
0.50

17.00
3.30
0.81
3.40
0.50

21.00
8.22
1.30
4.50
0.55

TEL
WEB
X

2,340.00 2,304.00 2,290.00 2,600.00

18.80
12.00

17.10
10.50

16.00
8.50

22.90
12.64

67.00
70.00

Up
Up
Support
0.0900
Break
Support
8.55
Break
99.50
Up
2,720.00
Up
7.20
Down
7.00
Down
Support
10.82
Break
22.80
Up
9.00
Down
1.60
Down
4.65
Down
0.62
Down
Support
2,700.00
Break
32.50
Up
12.64
Sideways

Trend

AS OF: 20 SEPTEMBER 2015

PREPARED BY: TRADING EDGE

Recommendation

Buy on dips
Buy on dips
Sell on rally
Sell on rally
Buy on dips
Buy on dips
Sell on rally
Sell on rally
Sell on rally
Buy on dips
Sell on rally
Sell on rally
Sell on rally
Sell on rally
Sell on rally
Buy on dips
Range trade

TECHNICAL GUIDE

MINING AND OIL

Ticker

Market
Price

Support
1

Support
2

Resistance Resistance
1
2

AT
BC
COAL
DIZ
FNI
GEO
LC
LCB
MA
MAB
MARC
NI
NIKL
OPM
ORE
OV

5.02
6.20
0.67
6.30
1.07
0.2950
0.1810
0.2000
0.0100
0.0110
2.25
2.98
7.46
0.0095
1.34
0.0110

2.70
5.00
0.61
5.00
1.00
0.2700
0.1599
0.1820
0.010
0.0100
2.00
2.15
6.40
0.0080
1.18
0.0085

1.00
3.50
0.61
3.40
0.90
0.1450
0.1160
0.1220
0.0070
0.0070
1.60
1.50
6.00
0.0050
1.00
0.0050

5.50
7.00
0.75
6.50
1.44
0.3200
0.2000
0.2200
0.0180
0.0140
3.00
3.50
9.48
0.0120
1.60
0.0120

6.00
8.00
0.85
7.00
1.54
0.3400
0.2200
0.2340
0.0230
0.0190
3.50
4.00
10.00
0.0140
1.90
0.0140

PX

5.15

4.64

3.20

5.50

6.00

PXP
SCC

1.43
137.00

1.15
130.00

1.15
116.50

2.00
140.00

2.50
146.50

AS OF: 20 SEPTEMBER 2015

PREPARED BY: TRADING EDGE

Trend

Recommendation

Down
Down
Down
Down
Down
Down
Down
Down
Down
Down
Down
Up
Down
Down
Down
Down
Support
Break
Down
Up

Sell on rally
Sell on rally
Sell on rally
Sell on rally
Sell on rally
Sell on rally
Sell on rally
Sell on rally
Sell on rally
Sell on rally
Sell on rally
Take profits
Sell on rally
Sell on rally
Sell on rally
Sell on rally
Sell on rally
Sell on rally
Buy on dips

TECHNICAL GUIDE
TECHNICAL TERMS
Support

Price level or area where the concentration of
demand can be found; level where the price
may bounce.

Uptrend Line

Upward sloping support line. Where price
usually bounce off.

Breakout

A successful move above a significant
resistance level; a quick upward thrust is
expected to follow after.

RSI & Stochastics

Indicators used to determine overbought and
oversold conditions and the momentum of a
security.

Overbought

RSI score above 70; Stochastics score above
80; may signal potential weakness in the near
term.

Resistance

Price level or area where the concentration of
supply can be found; level where the price may
halt and then fall after.
Downtrend Line

Downward sloping resistance line. Where price
usually bumps before falling.
Breakdown

A successful move below a significant support; a
quick downward movement is expected to follow
after.
MACD

A trend following momentum indicator. Used to
determine when the trend is weakening.

Oversold

RSI score below 30; Stochastics score below 20;
may signal potential strength in the near term.

AS OF: 20 SEPTEMBER 2015

PREPARED BY: TRADING EDGE

TECHNICAL GUIDE
DISCLAIMER
This report was prepared by a third party provider (the "Third Party Report") of BPI Securities Corporation ("BSC"). BSC makes this Third Party
Report available to its clients. The Third Party Report is neither created nor endorsed by BSC. Any opinions expressed herein are solely those of
the provider of the Third Party Report and may be different from the views expressed by BSC itself.

The Third Party Report is published for the information of the recipients only. The Third Party Report is not to be construed as a solicitation to
buy or sell any securities, futures, options or other financial instruments, to participate in any particular trading strategy or to provide any
investment advice or services. Any recommendation contained herein does not pertain to any specific investment objectives, financial situation
and the particular needs of any recipient.

BSC is not a deposit-taking institution and their obligations or liabilities do not represent the obligations or liabilities of the Bank of the
Philippine Islands ("BPI").

Securities and other financial instruments being sold by BSC: (a) are not insured by the Philippine Deposit Insurance Corporation; (b) are not
deposits or other obligations of any insured depository institution (including BPI); and (c) are subject to investment risks, including the possible
loss of the principal amount invested.

BSC may deal or transact in a manner inconsistent with the views discussed in this Third Party Report. BSC trades or may trade as principal in
the instruments mentioned herein. BSC, its directors, officers and/or employees may have positions or other interests in, and may effect
transactions in, securities mentioned in the Third Party Report. BSC may make a market in the instruments discussed herein.

The assumptions, estimates and opinions expressed herein are the judgment of the author/provider of the Third Party Report as of the date
hereof and are subject to change without notice. Although this is based on information obtained from sources considered to be reliable as of
the date hereof, BSC and the provider of the Third Party Report do not make any representation or warranty, express or implied, as to its
accuracy, timeliness or completeness for any purpose. Any information herein is subject to change without notice; BSC and the the provider of
the Third Party Report are not under any obligation to update or keep current the information contained herein.

Certain transactions or securities in the Third Party Report are subject to substantial risk and are not appropriate for all investors. Past
performance is not necessarily a guide to future performance. BSC deals with counterparties on an arm's length basis. BSC and the provider of
the Third Party Report assume that each counterparty is capable of making an independent evaluation of the merits and risks of each, and an
independent decision on any, transaction.

BSC and the provider of the Third Party Report do not render legal, tax or financial advice, and the information contained herein should not be
considered as such and should not be taken in substitution for the exercise of judgment by the recipient who should obtain separate legal, tax
or financial advice. No liability whatsoever is accepted by BSC and the provider of the Third Party Report for any direct, special, indirect,
consequential, incidental damages or any other loss or damages of any kind arising from any use of the information herein (including any error,
omission or misstatement herein, negligent or otherwise) or further communication thereof.

The Third Party Report contains confidential and privileged information for the sole use of the intended recipients. Any review, retransmission,
dissemination or other use of, or taking of any action in reliance upon, this Third Party Report by persons or entities other than the intended
recipients is strictly prohibited. Receipt and review of this Third Party Report constitutes your agreement not to redistribute, retransmit, or
disclose to others the contents, opinions, conclusion, or information contained herein (including any investment recommendations, estimates
or price targets) without first obtaining expressed permission from an authorized officer of BSC and/or provider of the Third Party Report. If you
are not the intended recipient, please contact the sender, immediately delete this communication and maintain the confidentiality of what you
may have read.

E-mail transmission cannot be guaranteed to be secure or error-free. BSC reserves the right to monitor all e-mail communications. If you would
like to stop receiving the Third Party Report, please contact the sender.

AS OF: 20 SEPTEMBER 2015

PREPARED BY: TRADING EDGE