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BRK

XLF Getting as tight as it can getPicture perfect chart here. Only 4% between following key levels: - Support line has been tested 5 times & now coinciding with 50 dma - Resistance line has been tested 2 times & has been coinciding with 200 dma Daily RSI convergence confirming price action While in the middle of those support / resistance lines, 2 major dma's, we are also stuck between the 50 & 61.8 retracement levels (Pre-Covid high to Covid low) Is the massive $C breakdown this week to be interpreted as a signal of strength or a look into the future for the financial sector? With $XLK & $XLV having already posted huge recoveries and subsequent gains on the year, is it $XLF's turn to run hot in the reflation trade? Can $XLF hold its gains if the rest of the broader market continues to sell off lower, representing what would most likely be dubbed the 'Great Rotation' ? So many questions, however I think this chart & the $SPX chart is all you're going to need over the next month and a half heading into election. If (lol) - WHEN this thing breaks out, on notable volume and a huge move in the RSI, I think it'll drag the market along with it, whether to the upside or downside. ** I am currently sitting on a bullish $BAC position, so my bias is bullish but it can easily head the other way.
AMEX:XLF
by cduxtrades
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. ** If you like our free content follow our profile to get more daily ideas. ** Comments and likes are greatly appreciated. ** Also DONATIONS through TradingView coins help our cause of increasing the daily ideas put here for free and reach out more traders like you. **
NYSE:BRK.AShort
by InvestingScope
👍 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! 🤜 Drop your charts and comments down below, share with us what you think is going on in the markets! ❤❤❤ Thanks for checking out our analysis! ✌😁✌ 🥇MLT | MAJOR LEAGUE TRADER
NYSE:BRK.A
by UnknownUnicorn2319099
BERKSHIRE HATHAWAY(BRK.B) | Long-term Investment "Plan".Hi, Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha. The company is known for its control and leadership by Warren Buffett, who serves as chairman and chief executive, and Charlie Munger, the company's vice-chairman. In the early part of his career at Berkshire, Buffett focused on long-term investments in publicly traded companies, but more recently he has more frequently bought whole companies. Berkshire now owns a diverse range of businesses including confectionery, retail, railroads, home furnishings, encyclopedias, manufacturers of vacuum cleaners, jewelry sales, newspaper publishing, manufacture and distribution of uniforms, and several regional electric and gas utilities. According to the Forbes Global 2000 list and formula, Berkshire Hathaway is the third-largest public company in the world, the tenth-largest conglomerate by revenue and the largest financial services company by revenue in the world. As of February 2019, Berkshire is the fifth-largest company in the S&P 500 Index by market capitalization and is famous for having the most expensive share price in history with Class A shares costing around $300,000 each. This is because there has never been a stock split in its Class A shares and Buffett stated in a 1984 letter to shareholders that he does not intend to split the stock. One of the strongest companies in the world has started to reach good buy zones, technically. Yes, those kinds of market situations are scary but remind yourself of your long-term investment strategies! Firstly, do you like sales? Yes, you like sales, then you have to buy when the streets are bloody. It could be risky, actually, it IS risky but still, you have to have a plan! At the moment, I have a plan with Berkshire and it consists of two areas 150-160(1), 110-120(2): 1) Probably, I start to add my positions around $150. There are pretty good criteria which all should act as support levels - different Fibonacci retracement levels, Monthly EMA100, the mid-number itself $150, previously worked support and resistance levels. It should be strong enough for buying a bit for long-term bias in mind. Now it depends on the market, what does it start to show us. If it doesn't show anything, panic continues and Berkshire stock price starts to fall lower, below my first support area, then I don't want to panic sell my shares, I act as Peter Lynch: 2) “If you can’t convince yourself “When I’m down 25 percent, I’m a buyer” and banish forever the fatal thought “When I’m down 25 percent, I’m a seller,” then you’ll never make a decent profit in stocks!” So, I have a long-term vision and investment plan, my research about Berkshire is strong, then those sales are just great opportunities to buy it from lower prices (those purchases have to be technically good!!). As he has said, if the price drops 25% from your initial prices then you are a buyer, not a seller, keep in mind! ...and luckily, exactly 25% (obviously, it doesn't have to exactly 25 percent but hopefully you get that point!) down from my first buying area is another strong support level - Monthly EMA200, long-term Fibonacci retracement 62%, 50% drop from the all-time high, previously worked support and resistance level AND if the SP500 drops to where I see it goes (1500-1700) then it would be a massive criterion for my lower buying zone for Berkshire, ALL IN!! :D "Why can't I wait for this lower buying zone right now?" Yes, you can! ;) As said, do your own fundamental research and if this matching with my technical analysis viewpoints then you are ready to go! If it doesn't match then...SKIP IT!! Regards, Vaido
NYSE:BRK.BLong
by VaidoVeek
4
BRK.B Defensive after earningsSeasonal defensive BRK.B has bounced off the 200MA. It fell last week (w/e May 10) despite beating on earnings. There were no guidance issues, but it was caught up in the trade war sell-off, despite being a defensive little affected by this, and by being overbought. I suggest entry at 208 ($1 below market). We are relying on the rising channel (note the very precise channel touches) to avoid a repeat of Feb-Mar price action, hence the tight stop of 203, just below last week’s low. Targeting 224, the previous ATH gives a 3.2:1 trade.
NYSE:BRK.BLong
by adatherton
Do You Think Breakout $BRK Will Eventually Breakout Now?By the name sounds like a joke project that trying to scam people. But really tho, judging by the chart we're really at the bottom of it. Unless BTC will move below $5800, this one will get doomed (: Go trade based on speculations that this juicy chart will eventually bounce later. Targets on fibonacci, will post a closer look below. ************************************************************************************************************************************************** If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot! TIPS: PATIENCE & PERSISTENCE ARE KEY TO SUCCESS RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. I will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit. -------------------------------------------------------------------------------------------------------------------------------------------------- www.tradingview.com Rules: #1 Always obey tradingview.com house rules #2 Always read the description #3 Don't spam on the comment section #4 If you wanted to request my opinions about a coin/token just give 10 likes on my published charts and I will do it the day or two after #5 My opinions are not financial advice, follow it at your own will and your own risk #6 Together, let's build a better community on this platform --------------------------------------------------------------------------------------------------------------------------------------------------
BLong
by blockchaindedi
[BRKBTC] Breakout Trade Signal [555% PP]Here is a trade signal for a low volume altcoin, Breakout (BRKBTC). This is the first very low volume trade in a while. Trade instructions for Alan Masters Trades supporters Buy in: 0.00000610 – 0.00000660 Targets BRKBTC by Alan Masters: (1) 0.00000970 (2) 0.00001211 (3) 0.00001490 (4) 0.00001950 (5) 0.00002500 Stop loss: Close daily below 0.00000530. Capital allocation: <2%. This is a low volume coin. This increases the risks for long term hold/trading. So this is a low risk trade in general (low risk, high reward). For this type of trade, use only a small portion of your capital, 0.5% – 2%. For any questions, feel free to contact me. Namaste.
BLong
by AlanSantana
2
Berkshire Hathaway As An IndicatorHello friends. It's probably hard to find out what the smart money is doing. I think some iconic companies have more overall predictive power than others. About 3 weeks later after the news was published we can see if there is any impact. "Because of accounting rule changes, however, the conglomerate recorded a first quarter loss of $1.1 billion, compared to net income of $4 billion in last year's first quarter" www.cnbc.com
NYSE:BRK.AShort
by UnknownUnicorn2141791