BRK trade ideas
Sell signal for BERKSHIRE HATHAWAY INCThe stock looks forming a small intermediate downtrend Channel, this support with a clear diversion on RSI, also the last volume data reflects the selling pressure
BRK.B - I would rather buy the airline holdings they are sellingNot that I would buy the airlines here, but this looks like the best sell of the bunch. There are no technical indicators that are bullish, and its got plenty of drop space.
BERKSHIRE HATHAWAY Analysis (BRK.B)As long as NYSE:BRK.B doesn't close in an upcoming week above around the 196 , I think there wouldn't be a reason to assume it would go considerably up and really recover .
If it does close in an upcoming week above the 196 significantly It would confirm a considerable bullish move.
I have illustrated some of the potential scenarios in the chart .
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.
BRK.B Volume Spread AnalysisNYSE:BRK.B
Solid accumulation done by smart money and test being done with a stopping volume in 4hr time frame. Looking at putting in some Call option entry upon market open =)
Berkshire Hathaway Upward Trend?I think we might finally have bottomed out of this downtrend and may be starting the long road to uptrend. Ill be following it closely this week. If ya like it, Give the like button a click.....Thanks
GSM indicator
BRK.B ideaLooks like its trying to find support at the bottom of the trend. If it holds, should be a good place for a long.
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.
Berkshire Hathaway Long (1 year trade)As seen in the past it takes about 1 year up and 1 year down to follow the blue trendlines.
BRK reverses after 62% retracementAlso, break of 10-day moving average. Is BRK leading the market back to the March lows? New trend on ADX while 90day RSI holds below 50. Key support is the April low, 174.19.
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
Berkshire Hathaway (brk.b) from 1997buy point=144.72
sl =5%
if brk.b hold 144.72 then continue according green arrow else if break 144.72( lowest line of chart) then continue according one of red arrow
