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ZSE Technician Profile picture
ZSE Technician
@zsetech
Tech analyst for stock and commodities|Nerd| Premium Reports Weekly/Monthly| sauseeye33@gmail.com
Aug 9, 2022 • 7 tweets • 2 min read
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 .. 2/ Hyperinflation
Few stocks performed above the inflation rate at some point, but those who didn’t sell lost on inflation and then on market decline. Rational retail investor will consider converting the capital to USD than to maintain the portfolio, thereby exiting the market