ZSE Technician
@zsetech
Followers
1,379
Following
163
Media
328
Statuses
795
Tech analyst for stock and commodities|Economic Data Analysis| Market Intelligence|Weekly Review| sauseeye33 @gmail .com
Harare, Zimbabwe
Joined July 2022
Don't wanna be here?
Send us removal request.
Explore trending content on Musk Viewer
Adams
• 161537 Tweets
Colombia
• 159310 Tweets
#السعوديه_البحرين
• 155236 Tweets
England
• 151427 Tweets
German
• 127045 Tweets
Bloomberg
• 118440 Tweets
سالم
• 94491 Tweets
Tuchel
• 81371 Tweets
Fields
• 62438 Tweets
Portugal
• 52469 Tweets
مانشيني
• 44456 Tweets
Browns
• 42508 Tweets
Amari Cooper
• 37989 Tweets
Krypto
• 37181 Tweets
كاس العالم
• 30530 Tweets
المنتخب السعودي
• 26582 Tweets
علي المنتخب
• 23094 Tweets
Russ
• 18732 Tweets
#فزعه_الشعب_السعودي
• 18544 Tweets
#POLCRO
• 18322 Tweets
#TemptationIsland
• 14075 Tweets
Pinned Tweet
If you find our market and technical analysis helpful, subscribe to our weekly newsletter on the following link
0
1
2
CBZH overtakes ECONET to become the 2nd largest company on ZSE by market cap.
1
13
42
Hypothesis:
99% of"Economic Analysts" are analysing what they dont understand.
Test at any significance or confidence level 😀
My 2 cents:
Take your time to read and verify facts,
Calculate numbers.
These guys took months to prepare MPS and you understood it in 20 min?
16
6
27
If we are to combine and compare market caps for both exchanges, Delta is the most valuable company in Zim and it’s market cap is 22% of the total.
The total market cap after factoring in parallel rates is around $3,37 Bln
0
4
25
Important Bearish Moves today
ECONET 🔻
DELTA 🔻
MIEKLES 🔻
OK 🔻
ZSE ALSI 🔻
1
2
19
WEEKLY HIGHLIGHTS
• 📉 ECONET confirms 2nd bull run of the year
• ⬆️ Delta and Econet volumes show accumulation mode
• ZSE on a rebound
• 📊VFEX volume milestone
• Growing market interest for Padenga
2
3
16
USDZWL Parallel rate reached 30k after rumours of a $1000 note. Exchange rate mvt raised the premium from 25% to 43%
ZSE ALSI(USD) lost 12.05%.
ZSE Market cap now under US$2b.
This is the worst daily loss since the beginning of the year
1
8
16
If you find the technical analysis posts helpful in your trades/investments, you can continue to subscribe to our weekly/monthly tech analysis reports on the following link
2
3
16
1/ Possible Causes of ZSE Downtrend (Thread)
In Technical analysis, we believe that “Volume goes with the trend
The current trend signals that we have a declining demand volume causing illiquidity.
Sellers who want to exit are more than buyers who want to enter the market ..
9
4
15
VFEX price volume since the beginning of the year gives a hint on investors' biases.
Simbisa, Innscor and Africa Sun have significant volumes than majority of ZSE Stocks.
2
3
14
1/ Liquidity in the market!
It's important to bear in mind that if you are trader (short term positions), there is need to plan your trades based on the major determinant of liquidity ie volume.
1
9
13
After studying Warren Buffet , do your own research to see if the companies you are buying are
i) still paying salaries
ii) keeping important skills/experience
iii) operating or have closed plants/dept
iv) increasing market share/have new competitors
Zim environment is unique
0
4
12
Top 5 most traded stocks in Zimbabwe using Average Daily Volume (Parallel Rate)
0
2
12
After days of downtrend,
#Mashonaland
bottomed with a rail and a bullish bar, a buy signal for price action traders. Isn’t it a bullish trap?
#zse
#zsetech
1
3
11
Unpopular Market opinion:
Many counters appearing cheap to the market are companies in deep crisis.
They are losing the market share, revenue/profits and skills.
1
3
11
New profile picture
Whenever bears fight bulls, there is blood in the streets of the market
1
2
10
DELTA, ECONET and WILD are the most active stocks on ZSE.
They all recorded trades on every trading day this year(34 days)
2
2
10
VFEX and ZSE have similar liquidity ratios of 1%
ZSE monthly volatility is 8X that of VFEX.
VFEX average market cap ratio is double that of ZSE.
Lack of Volatility on VFEX is not a liquidity problem but linked to (over)valuation.
0
2
9
# Ecocash volumes are vanishing. It recorded zero trades for the first time in 2024.
It seems bears are targeting a 2 cents retest level
0
3
10
A brief analysis on Simbisa monthly chart.
Some bears are targeting 19c
1
2
9
Using Stock Market Turnover ratio: VFEX is more liquid than ZSE for the past 3 months
Using Standard Deviation, ZSE > 10X volatile than VFEX
4
2
9
It’s really interesting to see some retail investors studying market maker methods from Warren Buffett’s Hathaway Berkshire.
$51b stock market investment is smart money. It can determine the direction of the stock price.
Unfortunately, $1000 cannot do that!
1
3
9
A year ago, FMHL has its Lowest market cap of approx US$8m at parallel rates. Today it starts the month with $111m valuation, which is 13.8 times growth.
What could be the major contributors to this growth? Revenue, Acquisition?
2
1
8
ZSE trading volumes expected to reach US$20m. How are market players allocating their investments ?
4
2
9
#Simbisa
failed to break the resistance zone due to a significant drop in volume, a typical pump and dump pattern.
The volume was ranging from 14% to 30% of the market,by yesterday it was less than 1%.
Without a full trade/order book, it’s an unfair market for retail traders.
0
3
7
Chart of the Week
INNSCOR
* 2nd break out attempt
* Higher Lows
1
4
8
The buy signal worked for African Sun.
Whatever your fundamentals are telling you, avoid trying to catch a falling knife.
#zse
#zsetech
#africansun
0
5
8
ZSE traded value in USD (parallel)
Only Delta and Econet have volumes above USD 1m since the beginning of the year
0
4
8
Listening to motivational speech from great traders will never make you profitable.
Practice and identify what works for your trading/investment philosophy.
0
0
7
#OKZimbabwe
closes its monthly candlestick in a positive.
The only one in the top 5 counters with significant trading volumes
#zse
#zsetech
0
2
7
Both VFEX and ZSE are now trading under their yearly average, a sign of a bearish trend
1
1
7
A worrying development in the ZSE daily chart pattern.
The index support was broken in the last 3 trading days, which can be a signal of a falling GDP.
0
0
7
Retail investors don't make any market , they follow the market.
The best strategy is to follow the market maker decisions which can only be seen in price movements and order book structure
0
2
7
0
1
7