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BERKSHIRE HATHAWAY INCBERKSHIRE HATHAWAY INCBERKSHIRE HATHAWAY INC

BERKSHIRE HATHAWAY INC

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BRKB trade ideas

BRK to pre 2020 highs >>$220Weekly chart is showing negative divergence with PPO, indicates slowdown in the trend, meaning price was still moving up but at the slower momentum. It’s a decent indicator of trend reversal. There is small possibility for another ATH (only bc Buffett invested in energy sector and I am not sure when exactly energy will peak - in the next few months at most), but most likely price to start making lower lows / lower highs. Right around $220 price level security traded for 2 years pre pandemic. It would be most obvious target on the downside (not that it can’t go lower). I believe that essentially the whole market is also about to take big hit. Most major sectors already down a bit, only energy sector is still in the bull market, similarly as in 2008. But that should end soon as well. As a side note, I was hoping that AAPL (large component of BRK.B) would make a run up before collapse in equities, but looks like that will not happen and market is just going to make lower lows until something blows and fed reverses their tightening policy. Timing: idk when low will be reached, but by year end we should see significant downside action to develop. Essentially it’s a terrible risk/reward proposition to be long at current time imho.
NYSE:BRK.BShort
by Otradehouse
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
NYSE:BRK.BLong
by vitalalyt
47
Berkshire Hathaway - Fall To Continue?Given the latest sell off it looks like the most famous investment conglomerate Berkshire Hathaway is less likely to reach its former highs in the near future. If so, how deep it may fall? 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 sharp drop since March 2022 it is very likely that impulse wave that was developing since March 2020 has completed with an Ending Diagonal as fifth wave If so, then we are observing the development of a new global correction which may be quite deep, in the range of $160-$240, and lengthy depending on the market sentiment and materialisation of recession risks Currently we can see formation of Double Zig-Zag, the first one has completed in wave W. Second zig-zag is in progress with fully formed wave A, wave B to follow to the upside into the region of $325-$340 This correction wave X may last until the next earnings report planned for the beginning of August and if it is not going to reach market expectations the shares may drop further Although fundamentals are quite good at this stage of the market cycle, Berkshire is doing reshuffle of its portfolio which may impact these fundamental indicators. Let's see what the next report is going to tell us. 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 PS this is an update to the previous idea where the scenario suggested another run to update the highs
NYSE:BRK.B
by vitalalyt
7
Berkshire ABerkshire Hathaway A - trend that I am following currently- same settings as the microsoft- chart I just recently posted- just trend analyst for a future alpha trend that I am making to impliment to other currencies- going to add algorithims to most my currencies if they do not have one already- I know bitcoin does- but not sure about my other currencies- so I will be doing some research in the next few weeks- and making a new alpha trend- for atleast 3-5 of my currencies I will add this custom made alpha trend to apply to the market- shortly.
NYSE:BRK.ALong
by mooncrest-holdings-ltd