Major support levels are estimated at the following levels such as 7000, (50 SMA), and 6500.

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1 1-5 The Big Picture Source: Bloomberg PSEi Composite Index Index is still testing the overhead resistance provided by the downtrend line and the 200-day Simple Moving Average, and while doing so upward momentum has diminished as indicated by the MACD indicator. In the event that the latest candle session form part of a bearish evening star pattern, be cautious. Market might be dataa dependent for the latter part of the week as 4Q GDP and Annual GDP growth are announced. Appropriate stance is still to adopt selective buying of index and non-index stocks with potential short-term trading opportunities, if not stay at the sidelinee to wait and pounce for better opportunities. Major support levels are estimated at the following levels such as 7000, (50 SMA), and Resistance levels are estimated at the following levels of (200 SMA), 7500, , and Opinions penned by John Co and On Screen by M. T. Go Engagement Officers of Philstocks Financial, Inc.

2 2-5 Featured Stocks PHOENIX PETROLEUM PHILIPPINES, INC. (PNX) (+0.84%) Price made a trend break by breaking above the downtrend line over its head signaling a potential change of downtrend to either non-trending price action or on a more positive note an uptrend. MACD indicator seems to confirm the break with momentum, MACD line and signal line crossing above zero line. OPEC s effort of stoking recovery of oil price in the international market is threatened by rising rig count in the US shale oil industry and possible negative effect of protectionist policies of the US and British government. Appropriate stance is to manage existing trade/s or position/s and be wary of any signs of false break (this may highly likely be a false break), or enter trade/s or position/s cautiously at 6.00, while placing cut loss at 5.52 and conservatively set initial target at Support levels are estimated on the following levels: 5.75 (50 SMA), 5.73 (200 SMA), 5.55, and 5. Resistance levels are estimated on the following levels: 6.46 (52 week high), 6.60, 7, 8, and 9.

3 3-5 SAN MIGUEL CORPORATION (SMC) (0.00%) Potential pattern formation of a symmetrical triangle identified, and may potentially signal a continuation of prior up trend. Note that uptrend is more prominent and noticeable in the weekly chart than in the dailies, and pattern is forming in a key juncture within the uptrend channel. Lately, the company clarified various news reports and confirmed particular details such as the intent to spend Php 281 Billion that form part of the Php 543 for the expansion of its core businesses up to year 2020, and the intent to build 58 MW power plants in Tawi-Tawi, Sulu, and Basilan. Appropriate stance is to enter trade/s or position/s only when there s a clear breakout above the formation accompanied with a buy signal from MACD indicator at to 100, while placing cut loss price 3 5 ticks below 90 or 8% from entry, while placing initial target price at Support levels are estimated on the following levels: (50 SMA), 90, (200 SMA). Resistance levels are estimated on the following levels: 100 (psychological), 114 (previous support), and 125 (previous resistance).

4 4-5 On Screen ATLAS CONS. MINING AND DEV. CORP. (AT) (+1.53%) TRADING PLOT: MACD tries to make bullish crossover while the short term and long term SMAs are still in bullish pattern. ENTRY RANGE: GOAL: Target Price DFNN, INC. (DFNN) (+4.21%) TRADING PLOT: Price made a strong bullish convergence with MACD and SMAs. Short term SMAs just made a bullish crossover. ENTRY RANGE: GOAL: Target price PRYCE CORPORATION (PPC) (+3.09%) TRADING PLOT: MACD making a bullish crossover, while short term SMA already made a bullish crossover with volume. ENTRY RANGE: GOAL: Target Price

5 5-5 PHILEX MINING CORPORATION (PX) (+1.22%) TRADING PLOT: MACD likely to make a bullish crossover. SMAs are still in bullish setup and volume likely to go bullish too. ENTRY RANGE: STOP LOSS: Exit when price dips 9.00 GOAL: Target Price SM INVESTMENTS CORPORATION (SM) (+0.57%) TRADING PLOT: Short and long term SMAs are still bullish converging with price and MACD. Buy on dips or near support. ENTRY RANGE: GOAL: Target Price Disclaimer Commentaries do not constitute as solicitation of buy or sell recommendations. All views constitute the personal opinion of view of the author/s and do not reflect the view of his/her/their employer or the company itself. Client shall not hold the author liable for any misinterpretation or misunderstanding that may arise from the use of the materials, insights, observations, or opinions presented herein the publication. Usage of the material will not guarantee specific market returns nor will it lessen, eliminate, or protect client from significant losses. Opinions presented are based on current available public information obtained before the date and time of actual publication, and may change without prior notice. Regular review and consultation of charts, analysis, and assumptions, is necessary due to rapid changing market conditions. Clients should consider their personal investment objectives, risk appetite, time horizon during perusal of publication. All risks associated with any investment instrument, strategy, and advice sought is fully assumed by the client alone. Philstocks Financial, Inc. G/F Unit EC-05B East Tower, Philippine Stock Exchange Center, Exchange Road, Ortigas Center,Pasig City 1605 E: engagement@philstocks.ph W: