BERKSHIRE HATHAWAY Giving Sellers the last opportunityThere is no question that BERKSHIRE has been outstanding since it's listing in 1996 with a solid exponential growth over the years and no scandals or drama to drag the name on the ground, in fact the Wall Street big shoots call this Firm the company that always has cash to buy new companies. Just recently Mr Buffet unveiled that BERKSHIRE owned $861 Million Amazon Stake at the end of March, which really indicated how quick-witted this company is under Mr Buffet fundamentally wise.
Talking or discussing technical, we know the market does not go up or down in a straight line but rather it gives Buyers and Sellers opportunities to invest and make a quick buck or even a good sum of cash. BERKSHIRE has fallen from $223 per share to closing at $205 per share since May 2019. Having to close at 205 we saw its market turning exactly at 50.0% fib level giving sellers an opportunity to go short to $196.78 Per share and for additional confirmation the Stochastic is at overbought indicating buyers are exhausted now giving sellers a small opportunity to make some money.
