Berkshirehathaway
STNE backed by Buffett, names executive from JPMorgan ChaseSTNE StoneCo is a Brazilian payment-technology firm backed by Warren Buffett’s Berkshire Hathaway.
STNE is down 90% from the peak they hit in February 2021.
After another earnings miss, StoneCo named new senior managers one of them being the head of treasury, Diego Salgado, a former JPMorgan Chase & Co. director for Latin America debt capital markets.
My take profit area is between 15.60 and 19 usd.
Warren Buffett likes 50% RetracementsI was researching the holdings of AMEX:XLF to prepare for Sector Rotation into Financial which I think is due shortly and the top holding in that ETF is NYSE:BRK.B . While analyzing the chart I find that there were two distinct opportunities at major 50% Retracement Levels on 1/24/2022 and 2/24/2022. These are quite excellent holds of my key principle levels and a testament to the versatility of this one simple analysis.
Berkshire Hathaway B: Previous support provides good risk/rewardBerkshire Hathaway B - Short Term - We look to Buy at 275.30 (stop at 268.50)
We look to buy dips. We are trading within a Bullish Ascending Triangle formation. Previous support located at 275.00. The primary trend remains bullish. We look for a temporary move lower. The bias is still for higher levels and we look for any dips to be limited. Further upside is expected although we prefer to set longs at our bespoke support levels at 275.00, resulting in improved risk/reward.
Our profit targets will be 293.50 and 296.50
Resistance: 288.70 / 293.50 / 300.00
Support: 275.00 / 271.00 / 247.00
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1/9/22 BRK.B Berkshire Hathaway Inc. New ( NYSE:BRK.B )
Sector: Finance (Multi-Line Insurance)
Market Capitalization: 714.396B
Current Price: $319.78
Breakout price: $301.50 (hold above)
Buy Zone (Top/Bottom Range): $305.00-$296.75
Price Target: $329.00-$334.50
Estimated Duration to Target: 100-106d
Contract of Interest: $BRKB 6/17/22 345c
Trade price as of publish date: $6.60/contract
Major Top for BRK.BAbout every decade BRK.B has a major top. Drawing a fib from the Dot.com correction in 1999 the 2.618 called the top of the Great Financial Crisis in 2007, and the 4.414 called the next major top in 2014. Drawing a fib from the GFC the 2 was almost hit during the top in 2014, and 4.414 called $294 as the next decade's cycle top, which has been rejected twice this year. The four major tops are actually spaced apart by about seven years (1999, 2007, 2014, 2021).
The daily chart has formed a triple top over the past six months. Two shooting star candles confirmed that $294 is seemingly insurmountable resistance, the first on May 10 and the second on November 8. Although this may continue to consolidate for months or longer, the upside is very limited, the opportunity cost is high, and an eventual correction can be expected.
Apple and the price climbOnce again I'm investigating the financial condition and potential performance of a tech company as they do hold great interest to me. Today, I'm taking a look at NASDAQ:AAPL , a company I once despised for their obscene operating scheme. Where 85% of their business was through reputation, the idea that a person is only cool if they have the latest iPhone and a Macbook and the other 15% was through corporate deals and actual entertainment production professionals.
After doing some investigation into the company, I've come to realise quite a number of interesting things that shoot all my prior grudges with them straight out of the sky. First of all, looking within the market itself, their obscene prices are no longer that astronomical and are actually practical and reasonable given the current technology market and second, when they claim to cater for professionals and a particular minimalist "ease-of-use" customer, they're actually covering their needs now. With the development of the new M1 chip and hopefully the M2 soon to come and the development of the new iPads and Mac Minis, the company's physical product is appearing very attractive.
Now to the actual financial side of things, starting off with the most basic of indicators, Apple has considerably low debts in comparison to other tech giants and their respective growth rates and as far as their current P/E ratio is considered they're showing more hope than any other technology giant with a PE just less than 30 (28.58 at time of writing). Within the market competitors are looking at frightening volumes of debt due to the Corona Virus pandemic but Apple seems to stay relatively clear. This would probably explain why Warren Buffett has poured such large volumes of Berkshire Hathaway's money into the company. Ironically, since BRK's interest in Apple, their prospects seem to have changed for the better and future expected growth in earning's increased by more than 4 percentage points after BRK's investment. As we all know Mr. Buffet wouldn't pour money into a company if he did not believe their long term results were unsatisfactory.
In conclusion, Apple is beginning to look like quite the appealing investment if an investor would like to uplift their tech side of their portfolio. If anybody has any other opinions or facts that I may not be aware of, feel free to comment. I always appreciate the exchange of ideas :D
TL;DR: Apple is beginning to look like one of the best performing long term investments of all the tech giants.
BRK.B - STOCKS - 11. OCT. 2021Welcome to our Weekly V2-Trade Setup ( BRK.B ) !
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4 HOUR
Bullish market open..
DAILY
Expecting more buyers shortly..
WEEKLY
Market about to turn in my view.
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STOCK SETUP
BUY BRK.B
ENTRY LEVEL @ 285.25
SL @ 272.86
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
StoneCo (STNE) | Warren Buffet Stock To BUY!Hi,
StoneCo is one of them that is on the Berkshire Hatheway list. Warren Buffett's advice to be "fearful when others are greedy and greedy when others are fearful" is probably one of the world's most famous and frequently repeated investing quotes. Considering that, STNE looks promising.
StoneCo is a leading provider of payment-processing and other financial technology services in Brazil, but the company's share price has been crushed by what could be described as a perfect storm of headwinds. In addition to inflation and political concerns, regulatory changes in the country have dampened the performance and outlook for the company's credit business.
The company's share price is now down roughly 67% from the high that it hit earlier this year, and many investors appear to have given up on the stock. I think that's probably premature, and I'll be adding it to my holdings in the near future.
When it comes to growth stocks, I like to look for companies that are on track to benefit from powerful long-term trends. StoneCo certainly fits the bill. Cash is still a more popular payment method than credit cards and mobile payments in Brazil, but that's starting to change, and StoneCo is helping businesses adapt to the shift. E-commerce is also on track for huge growth in Brazil and other Latin American markets, and the fintech specialist stands out as an appealing "pick and shovel" stock for benefiting from the trend.
While the overall stock market continues to look volatile, StoneCo looks attractively valued and has big upside at current prices. Pushing through the fear surrounding the stock could prove very rewarding for patient investors.
Considering long-term goals and considering that it is technically inside a quite strong buying zone I can recommend it here as an idea for you.
Do your own research!
Regards,
Vaido
Berkshire Hathaway Inc (BRK.B): Sign of StrengthAnalysis Forecast:
Expect to trade higher, 1st target at US$293
Analysis is For:
Single Stock Tactical Allocation
Swing Trading - Generate Portfolio Alpha
Supporting Technical Observations:
1. Sign of Strength (large volume on buy up day)
2. Fund Flow Index (FFI) Turned Positive
3. Relative Strength Turning but Needs to trade above Zero
Stop Loss
If BRK.B breaks below 14Days SMA, expect trend return to consolidation or turn bearish
Elon Musk has overtaken Warren BuffettIn this video I am thinking out loud about some exciting things happening in markets. Especially how Elon Musk has outdone Warren Buffett. That's right.
Tesla's market cap is now bigger than Berkshire Hathaway's market cap.
I never saw that coming. I am not sure why, perhaps the potential growth continues to astound people. For the really bold thinkers, maybe Tesla will one day merge with SpaceX and it will become much more than a car company. Perhaps its solar capabilities will continue to take off.
We shall see.
Later in the video I also brainstorm about the comparison of cryptos total market cap and other companies like Visa and JP Morgan. The old companies. Do they still have a chance to succeed or is that it for them? All comments welcome.
Berkshire Hathaway stock priceBerkshire Hathaway stock has been moving to higher grounds as expected and mentioned in my last stock technical analysis update. As expected the strong demand imbalance created at $175 per share has played out very nicely. Berkshire Hathaway stock price has been moving much higher managing to break all-time high again. Warren Buffet and most of his clients must be very happy people again.
As explained in a previous forecast for Berkshire Hathaway, we expected the stock to rally strongly from $176 per share and so it did. The all-time high has been broken and created another strong imbalance around $209 per share. Will Berkshire Hathaway stock price drop down there? We will see. Given the bullish strength of all US indexes, It might continue to rally much higher creating new imbalances.
Berkshire Hathaway's "Big" Correction | Today's Option PlayAttention has been on $BRKB after they gapped down 1.5% and continued to a low of -4.5%. After finding support on a monthly level @ $209, we decided to grab a small yet powerful position in weekly calls...
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The stock currently sitsat $213 which almost looks like a 50% retracement from todays move.
Heavy weekly support @ $208-$209.
Watching the orange trend line as support as well, it holds strong on the weekly timeframe.
Possible long on a break & close above $215.6
Upside targets: $222
Possible Short Entry: $208
Caution needed moving forward.
Options Play Signaled:
BRKB $217.5 9/25 Call @ $24 (up 120%) (these closed @ $215 yesterday)
We grabbed these right before the bounce @ 70% off from yesterday's prices. This shows how powerful buying against implied volatility can be while trading options.
DotcomJack | Picasso of Stonks
Berkshire Hathaway: Wait for a lower buy entry.BRK is trading within a Channel Up on the 1D chart (overbought RSI = 75.715, MACD = 9999.000, ADX = 38.918), since the late March bottom. The price is pulling back slowly off the Higher High trend-line of the Channel Up, with both the MACD and RSI, waving bearish flags. The most optimal buy entry has been below the 1D MA50, so we advise long-term investors to exercise a two tier entry, one on the 1D MA50 and the other on the Higher Low trend-line. Once the bottom is made calculate roughly a +20% rise as your target.
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👍 Berkshire Going To Test Channel Support. (BRK.A)💰 LET'S GET INTO SOME BERKSHIRE HATHAWAY ANALYSIS!💰
1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤
(Overall Market Sentiment) 🐻 Bearish
- Daily Chart
- Red Engulfing Candle
- 3/3 EMA DOTS Red
It looks to me that berkshire will continue down to test the upward channel support. Look for all indicators to shift on support otherwise it could be disaster if we breached below that main level.
Best of luck to you and all of your trades this week! 🤜
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🥇MLT | MAJOR LEAGUE TRADER