BRK.B LONG IDEA.2ND stock trading idea!!
Open = 305.40
Target/TP = 320.00
SL= 299.50
Opening level = 305.40 is a significant level in the anticipated long-term Bullish trend that has just recently started. (Continuation Level)
Closing level = 320.00 end of Long term Bullish trend (Major Key Level )
LONG TERM trend which has been in play Since OCT/22 = 290.00 - 350.00 (Target)
(it is in its beginning stages.)
things to consider (possible rebalancing taking place at this LOI.
There are multiple indicators of price going further down that are technical in nature, I see INVERSE H&S & DB
Obvious on higher timeframes and have been forming over a long period of time.
(THIS IDEA IS MAINLY BASED ON TECHNICALS)
(this is a personal idea based on what i am seeing MY CHART.)