Coronovirus
KNOS ascending triangle. Huge Potential with Covid 2nd waveCurrently KNOS is in an ascending bull flag.
Why KNOS has huge potential within the months to come:
Their air filtration technology fully removes harmful allergens, bacteria, viruses (including the flu) and even gases from your breathing space. This product far outperforms the outdated 1940’s technology of a HEPA filter, and eliminates the shortcomings of any other air
Kronos owns 12 patents in total, all focused on air filtration, and the removal of harmful bacteria, allergens and viruses from the breathing space.
Patents:
US 7,150,780 B2
US 6,937,455 B2
US 6,919,698 B2
US 6,727,657 B2
US 7,122,070 B1
US 6,963,479 B2
US 7,053,565 B2
US 6,664,741 B1
US 2010/0047115 A1
US 2009/0022340 A1
US 2010/0065510 A1
US 2010/0065510 A1
June 18th, 2020, Kronos signs deal to acquire US based leader in electronics manufacturing industry including its 85,000 square foot manufacturing facility. Kronos announced that it has signed a “Letter of Intent” with a privately held company to acquire a manufacturing facility for its consumer electronics products operations. The Company plans to manufacture a variety of electronic products, including medical ventilators and other vitally necessary medical equipment in addition to its flagship air purification products.
Having their own manufacturing facility would not only help them to scale production to address growing sales and product line expansion, but also to develop new products and bring those to market much faster under a more efficient and controllable cost structure.
June 29th, 2020 Kronos starts taking pre-orders for air purification products.
Covid19 potential topping patternWhen charting Covid19 US Deaths over Confirmed cases, the Pandemic is beginning to show weakness. After weeks period of increasing infections, those who had become infected have either died or recovered. That ratio, if near, is a "Lower High" than the one set in Early March. If we begin to see a trend of "Lower highs, Lower Lows", the pandemic is being contained. This chart will show the end.
Bitcoins Breakout is still on but remains in the balance..Bitcoins symmetrical triangle breakout is looking good again this morning having spent the weekend repeatedly testing the breakout resistance. We are currently making our first real attempt at breaking above the nasty 4hour rejection candle from the initial breakout.
Volume looks ok for this push as well. Should we break the 4hour candle of death then the original longer target of 8100 is back to being on.
What would I like to see? Break the 4hour candle of death, get into the 7500 region and then come back down to retest the top of that 4hour candle before pushing back up.
As always, should we fail to break the 4hour candle top and fall back down into the sym triangle structure then i'd be expecting a big fall in price down to the bottom of the structure.
For now though, we still look good and getting healthier by the day..
Covid-19. P-Modeling Pt. X. The Curve of the Pandemic of 2020.The curvature of the Covid-19 confirmed cases.
How can we flatten the curve before end of the year?
Or are we going to Black Death?
We have 4 levels of chaos.
The First Level is where we are currently sitting at the last linear junction before we engage in the 4 levels of pandemic chaos..
The next level is pushing the limits of acceptable available resources.Which arguably we are already at...
The second level pushes significant depleted resources to to combat the spread. Mortality rate across age classes increases.
The third level pushes EXTREMELY depleted resources to combat spread and care for already infected. Overflow hospitals, lack of respirators etc. Morality rate reaches critical level across high-risk categories.
The fourth level is black death. Completely depleted resources and unparalleled high mortality rate across all age classes.
This is what is known as flattening the curve. The purple lines give you an idea how we can flatten the curve.
This is a linear prediction cycle, to decode the curvature of covid-19 based on daily TF tics of data.
Stay safe.
Thanks for Pondering the Unknown with me,
Glitch420
Shortage of computer monitors in retail stores good for Best BuyEveryone stuck at home for several weeks (months?) working seems to have cause a run on home work (computer monitors for example) and entertainment. Reluctant to ride public transit or go to sporting events or travel, consumers not shy to visit stores carrying what they need to survive at home.
CADJPY SHORT Hello guys,
I am looking for shorts on CADJPY which is going with the trend and what smart money is doing. I expect weakness on CAD based of the bearish trend on oil after Russia basically downplayed the chatter of cutting oil supply. Also note that CAD did cut interest rates by 50 points amid corona virus fears this week .My bias is only shorts on CAD going into this week.This bias is also shaped by the fact that cad is paired with a safe haven (Jpy) we know that investors usually stack there money in safe havens especially during time like this when corona virus is taking its toll and and prime minister Justin Trudeau is facing pressure for the oil pipeline construction that was recently approved despite aboriginals protesting against it.
S&P 500 😷 Coronavirus Panic Selling, but should you worry? 😱🚨PANIC SELLING of stocks due to Coronavirus...😷 in fear that earnings for top companies will drop as productivity comes to a halt. 😩
⚠️ Historically, the SARS outbreak did not cause the stock market to dump farther as we were in the tail end of the Recession.
Coronavirus appears to be coincidentally at the top of a market rally and is just a social trigger to inspire fear, uncertainty, and doubt. FUD 😱
This will allow institutional players to take your money and buy back at cheaper prices. 👿
(The 200 Week Moving Average.)
Ask yourself this... 🤔 because of Coronavirus will you stop logging onto Facebook, will you discard your Apple Macbook, will you stop buying goods from Amazon, will you stop watching Netflix, will your office stop using Microsoft Office?
If the answer is no... DO NOT PANIC SELL your retirement account, please. 🙅♀️
Since 1977, which direction is the stock market moving?
Answer: Up.
☝️☝️☝️
RSI Bearish Divergence playing out:
(Indicator below the chart with squiggly blue lines)
Price makes higher tops, while magnitude of price (RSI) makes lower tops. Warren Buffet and Jeff Bezos already sold their stocks for cash.
No one cares until now... Who do you think will buy the stocks you are panic selling?
EURAUD Probabilities For Rebound?This is not a guarantee investment advice but seeing the potential risk to reward for upside and knowing the ECB head Lagarde due to give a speech in some minute I thought this pair will have some good volatility. Knowing that during the Asian session the latest updates on retail sales and trade balance for Australia were worst then forecast and previous but the pair continues its downtrend which was fishy and wasn't actually mean to be technically and fundamentally (kinda like things were already priced in). This time we can see a possible rebound from fib 61.80% and knowing if ECB head Lagarde has something good to say which may help boost the euro upward and if coronavirus weighs over higher-yielding currency like Aussie again will be plus point for bull traders in this pair.
USDJPY Possible Trade Opportunities. RetrenchmentOrContinuation? A strong U.S equities market and risk-friendly trading environment have helped push and breakout USD/JPY above a descending trend line on the 1-hour time frame. The pair were consolidated for a while London entered but then somehow the global positive risk sentiment news concern to coronavirus saying "China finding an effective drug to treat people with new coronavirus" pump the pair little higher but I guess there was some more hidden reason for price acting that manner earlier. Before the U.S. ADP report only a few hours away USD/JPY’s may have some possible retracement opportunity if today’s U.S. ADP report prints lower than market already weak expectations. We could see USD/JPY give up some of its gains and revisit 109.063 and this case should be considered to buy the rumors sell the news case. As we can see, the fib 38.2%
level lines up with the previous resistance level 109.063 which is a good take profit level for bearish bias traders if the ADP forecast ends up being the actual or even worst. If today’s ADP release prints better than expected, then we could see USD/JPY trade higher without a significant retracement and bullish momentum may not fade away which will lead to some more new fresh buyers in this major pair!
ridethepig | USDJPY 2020 Flows (Updated)On the risk front, the WHO signalling for a national emergency and markets are not taking it well. The risk-off moves should continue with USDJPY a good benchmark for reference. I am holding shorts and was adding on Friday as nothing suggest any reason to cover although we had month end flows in play which made things tricky as participants were timid. To the downside we can target soft support at 108.4x and 108.2x while 110.7x remains strong resistance so keeping stops above there if you plan to play the entire macro swing down in 2020 flows:
This idea is no less imaginative than the diagram here:
Even with yield advantage over JGBs I expect risk to control the flows in particular as we get close to US elections providing a choppy zig zag. There will be good demand for USDJPY below 105 (as Japanese investors have been riding the pig overseas) so look to take partial profits on the way, 100 remains my final target in the flow. Best of luck all those in USDJPY and positioning for the remaining 2020 flows - you can see other strategies below!
As usual thanks for keeping the support coming with likes, comments, questions, charts and etc!