KNOS - Now what?Unless we see some PR hype first, looks like continued drop to full retrace, followed by sideways action until next press release OR more selling into the lower support area.
Again, this stock moves on PR hype only. It's an ancient company that went dormant for literally 20 years and bag holders sure do like to accumulate before a pump...
KNOS trade ideas
KNOS Kronos Chart Technicals Look Good, Just Add Hypey PR I very much anticipated thelast run to continue aggressively to like $10, as described in my initial analysis earlier this year which leans heavily on the company's unusual and, frankly, ridiculous 20-year history. Alas, as soon as the weekly presse releases lost their absurdly hype-generating fervor, the pump quickly stalled and here we are.
But look at that chart! The obvious pro move for the Kronos board at this point is to fire up that PR activity either right now or just after Jan 1 and feed another tanker-load of moon fuel to this market!
KNOS is pumping and will hit $10. Change my mind.Here's the short version:
Two decades of accumulation, textbook pre-ann insider buys, masterful chart-painting, and 5G-shielding pandemic masks. This pump has it all, and despite gaining 70,000% I am convinced it is just getting started!
The entire thought process behind this prediciton isn't quite appropriate for this community, but I encourage you to seek it out via my profile.
Finally, please explain how this prediction is flawed. Seriously, I can only see one scenario, and it can't be accurate.
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 This product far outperforms the outdated 1940’s technology of a HEPA filter, and eliminates the shortcomings of any other air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.