Berkshirehathaway
Buying a Berkshire break higher.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 confirm follow through bullish momentum.
Prices have reacted from 260.
Our profit targets will be 304.97 and 309.97
Resistance: 280 / 290 / 300
Support: 270 / 265 / 260
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Can one go wrong by buying Berkshire dips?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 / 263.70
Weekly chart for context
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses.
There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Berkshire Hathaway - Potential 20% Upside?Is the most famous investor in the modern history and his international conglomerate able to update historic highs before US economy spirals into recession?
Let's look at it in more detail.
Fundamental indicators:
Revenue and Profits - demonstrated consistent long-term earnings growth over the past 10 years except 2020
Profit margin - not consistent and varies from 10% to 20%, 2021 was with the highest 28%
P/E - 8.4x which is considerably lower than the current S&P500 ratio
Liabilities - no problems with debt
Technical Analysis (Elliott Waves):
Following the correction of March 2020 shares of Berkshire Hathaway have enjoyed similar growth cycle as S&P500 with 120% gains
This bull run was formed by an impulse where waves 1 to 4 have been completed and wave 5 is currently developing
Wave 4 is clearly identifiable as a lengthy and flat Running Correction that lasted between May and November 2021
The final wave of the impulse is quite choppy with lots of crossings which often indicates the development of an Ending Diagonal pattern with a structure of 3-3-3-3-3
If this is the case then waves 1 to 3 have been established and wave 4 is in the process of completion
Once this zigzag-like correction is over we can observe another zigzag to update the historic highs and potential gains for investors of 20%
What do you think about Berkshire Hathaway and its short term prospects?
Also let me know if you would like to see other stocks, indices, Forex or Crypto analysed using Elliott Waves.
Thanks
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
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
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