BERKSHIRE HATHAWAY INC (BRK.B) Trading Plan
Very sexy inverted head and shoulders pattern is forming on berk.
117.0 is our horizontal neckline.
First, we need a 4H candle close above that to confirm a breakout.
then we can buy on retest of the broken structure expecting a further bullish continuation.
target levels are:
183.0
190.0
196.0
stop is below the right shoulder
if the market goes below the right shoulder,
setup will be invalid.
4BRK trade ideas
Berkshire HathawayMeme stock and overrated, past its prime. This is a 3 month log form chart such that each candle represents 1 quarter.
Price popping out of this multi year wedge was a bull trap - lots of bulls trapped in there. Channel support is target.
I can't afford to short this, but I want this on the record.
Good Entry For Berkshire?NYSE:BRK.B Reversing to bullish trend, Stoch RSI pointing up, idea for bullish entry for swing trade.
Disclaimer:
I do not offer financial advice nor am I a certified financial advisor. I am self educated in investing and trading in the stock market with 20 years of experience and share information here as contribution to the community.
BRK : I think it could go down to 141 Dollar or more than BRK : think it still go down because the stock chart show that it could still go down to 141Dollar also recently Berkshire Hathaway Q1 income statement came out not quit good. Also I think that Q2 income statement also will come out not good too because of Covid19 it affect every companies My recommend is = just wait until Q2 come out .
BERKSHIRE HATHAWAY INCthe price is heading towards 294550 provided that the price does not break the white line downwards
if the price breaks the yellow trend line forcefully, there is a high probability that the price will move towards 309130
if the price breaks the white line down, the price will fetch 27319