Berkshire Hathaway's stock recently displayed encouraging growth, with a notable bullish surge on August 7th. After reaching its zenith in March 2022, the stock suffered a 28% drop. By October 2022, the stock steadied at $260 and recently made a bullish stride, briefly outdoing its past record. However, this new high was marginal and fleeting, as the stock soon...
Berkshire Hathaway / BRK.A is trading inside a Rising Wedge for nearly 1 year. Since March 17th it is being supported by an Inside Rising Support, which is now even higher than the 1day MA50. The price is at the top of the Rising Wedge, so it is likely to see a strong medium term correction. However sell is confirmed only after the Inside Rising Support breaks,...
Berkshire Hathaway B - 30d expiry - We look to Buy at 332.52 (stop at 327.52) This is currently an actively traded stock. The stock is expected to outperform in its sector. The primary trend remains bullish. Previous resistance now becomes support at 331.50. We look to buy dips. The sequence for trading is higher highs and lows. Our profit targets will be...
Warren Buffett's Berkshire Hathaway reported strong earnings growth in the first quarter of the year, primarily driven by the recovery of the conglomerate's insurance business. Operating earnings, which include profits from Berkshire's wholly-owned businesses, increased by 12.6% year-over-year to $8.065 billion. Insurance underwriting profit surged to $911...
Berkshire Hathaway B - 30d expiry - We look to Buy at 319.21 (stop at 314.21) Price action continued to range between key support & resistance (320 - 330) although we expect a break of this range soon. The bias is to break to the upside. The primary trend remains bullish. This is currently an actively traded stock. Support is located at 320 and should stem...
Hello and thank you for taking the time to read my post. Today, we analyze Berkshire Hathaway Inc. New's chart on the weekly scale, focusing on a classic price pattern called the "Rectangle Pattern." Berkshire Hathaway Inc. New is a diversified financial services conglomerate, traded on the NYSE under the tickers BRK.A (Class A shares) and BRK.B (Class B...
Short-term Bullish DXY/USD almost reaching upside objective as mentioned. Once DXY gets there, sit sideline and monitor if there is any willingness to go higher. With what's going on in the world now, there will be flight to quality or better yields. Be cautious right now as we enter March 2023, things might get shaky. Someone else is getting ready to drop the...
Keep an eye on semi-conductors in general and another eye on ES, SPY, etc. We have the 200ma and weekly vwap on daily time frame coming together. We also have momentum to the downside, sellers seem to have control. Not financial advice, DYOR. #berkshirehathaway #warrenbuffet
Stalling on weekly resistance. Next stop 320k after retest of quarterly support at 408k? NYSE:BRK.A
Berkshire Hathaway B - 30d expiry - We look to Buy a break of 321.11 (stop at 312.39) Daily signals are mildly bullish. Short term momentum is bullish. There is no clear indication that the upward move is coming to an end. A break of the recent high at 320.50 should result in a further move higher. This is curremtly an actively traded stock. Our profit...
Berkshire Hathaway Inc. (BRK.A) made a new ~5 month High yesterday, spearheading the bullish reversal of high cap stocks at the moment. The price is above the 1D MA200 (orange trend-line) and well above the 1D MA100 (green trend-line) and 1D MA50 (blue trend-line), the latter two are about to make a Bullish Cross. This draws comparisons with the previous 'Strong...
Berkshire Hathaway B Intraday - We look to Sell at 311.03 (stop at 321.83) Sentiment remains negative despite the pull-back higher in prices. Resistance is located at 311.00 and should cap gains to this area. Resistance could prove difficult to breakdown. Preferred trade is to sell into rallies. Our profit targets will be 283.95 and 270.00 Resistance:...
Berkshire Hathaway Inc. New ( NYSE:BRK.B ) Sector: Finance (Multi-Line Insurance ) Market Capitalization: 667.191B Current Price: $299.63 Breakout price: $302.20 (hold above) Buy Zone (Top/Bottom Range): $294.45-$276.00 Price Target: $321.80-$325.80 Estimated Duration to Target: 56-62d Contract of Interest: $BRKB 1/20/23 300c Trade price as of publish date:...
Berkshire short position Entry level: $289.28 Take profit: $276.03 Stop loss: $295.03
BRK.B - 30d expiry - We look to Buy a break of 283.03 (stop at 274.88) The primary trend remains bullish. Bullish divergence can be seen on the weekly chart (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher. 282.50 has been pivotal. A break of 283 is needed to...
BRK.B - Intraday - We look to Buy at 272.02 (stop at 264.98) Support is located at 272.00 and should stem dips to this area. Preferred trade is to buy on dips. Weekly pivot is at 270.73. Daily pivot is at 271.36. We look for a temporary move lower. Our profit targets will be 291.98 and 296.98 Resistance: 283.00 / 290.00 / 295.00 Support: 275.00 / 270.00...
Berkshire Hathaway BRKA Elliott Wave long term wave count. Bearish outlook.