ZSE Technician

Tech analyst for stock and commodities|Economic Data Analysis| Market Intelligence|Weekly Review| [email protected]

[ZSE Technician @zsetech]

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[ZSE Technician @zsetech]

@baba_nyenyedzi Yea, real growth less than 12%, cónsidering inflation and money supply changes esp for local currency.

[ZSE Technician @zsetech]

@tmukogo US is a preferred destination for many entrepreneurs.
In Africa, capital markets are slow and underdeveloped. We also dont have start-up ecosystem to support new ideas.

[ZSE Technician @zsetech]

Do you remember when you joined X? I do! #MyXAnniversary

[ZSE Technician @zsetech]

@hmsmotapa "Mbada"

[ZSE Technician @zsetech]

ZSE volume vs Total Value of Transactions chart.

[ZSE Technician @zsetech]

A Black Market Rate(BMR) vs NPS chart shows the rate reacting to Value of Total Transactions (Money Supply).
The BMR was also rising with #ZSE uptrend

[ZSE Technician @zsetech]

• Second Quarter experienced the lowest volumes of the year.
• 3rd Quarter shows a huge surge in ZSE volumes, indicating increase in money supply
• VFEX volumes were declining since the second quarter
• ZSE volumes were 4 times bigger than VFEX in Q3

[ZSE Technician @zsetech]

@kudzie_sharara I think it goes both ways. Who is buying?
Remember, the market is at its lowest, Long term investors see an opportunity, Short term see a disaster.
Increase in ZiG balances on NPS could have led to increase in ZSE volume

[ZSE Technician @zsetech]

#ZSE and #VFEX Volume chart.
There is bias towards buying ZSE shares since mid-June.
Is this an increase in ZiG volume pushing investment demand?

[ZSE Technician @zsetech]

#ZSE Bullish trend (in USD) between June and Sept was supported by a rising volume.
This is also a signal for increase in Money Supply (M3), which associated with inflation, high interest rate, depreciating exchange rate and a low-negative Economic 💹

[ZSE Technician @zsetech]

Since #VFEX is stable, the ZSE:VFEX ratio rises during a bullish period and drops with a bearish trend
#ZSE

[ZSE Technician @zsetech]

There is an interesting relationship between Black Market Rate and a ratio of Total Transactions:USD.

[ZSE Technician @zsetech]

#VFEX stability vs #ZSE Volatility
#VFEX is not profitable for short term investors
High volatility is attracting speculation to #ZSE.

[ZSE Technician @zsetech]

At its 2024 peak, CBZ had zero volume for some weeks.
There was no market interest above 30c level, signalling overvaluation.

[ZSE Technician @zsetech]

CBZH current market value and bullish run are technically unsustainable.
Almost non existent demand since break out.
30 cents reversal has a high probability.

[ZSE Technician @zsetech]

Last Year, FMHL led the race in capital gains, with approx 345%
Its current YTD is approx 17%

[ZSE Technician @zsetech]

ZSE Top Ten and their performance (USD - BMR)

[ZSE Technician @zsetech]

@tmukogo Prompt Engineering is an important skills

[ZSE Technician @zsetech]

@allieg901 Really?
I thought inyaya ye economic cycle,like exchange rate gap between official and black market, and a slowing/declining economic growth from last year

[ZSE Technician @zsetech]

ZSE Top 10: What's Changed?
As of the latest market update, #Delta's value has dropped to under US$500m according to the Black Market Rate.
Plus, there's been a significant shift in the top 10 companies since Dec 2023
#ZSE #VFEX
#zsetech

[ZSE Technician @zsetech]

@tmukogo I used 40