BRKB trade ideas
Berkshire explodes off its base$BRK.B built a three-year base and, over the last several months, has really rallied to hit all-time highs. Keep in mind this stock is a significant component and influence on the Financials sector and its ETFs.
BRK.B Whats the opposite of going to the moon? Berkshire Will likely drop after earnings.
Got my eye on BRK.B 06/18/21 220 P
***This does not constitute financial advice.***
BRK.B - Double-Bottom Divergence on 4-hrVIX is running hot right now but I'm liking what I'm seeing here. On my watch list for Monday. Looking for strong support @ $246.80. Keep an eye on bank stocks -- if they tank hard, BRK.B will follow.
Cboe BZX BullishBullish, possible correction to major support. Looking for a buy order around 205USD
Warren Buffet could now be a great dealIn the past two weeks, the stock of the oracle of omaha still be strong.
So investing in his stock for some time, may be good idea.
Berkshire Hathaway Inc. Buy📈 NYSE:BRK.B Long D1
🛒Buy above = 247.52
🎯Target1 = 251.88
🎯Target2 = 254.58
🎯Target3 = 258.94
⛔️Stop-loss = 240.47
❌Cancel trade = 240.47
brk.b vs XLF, IWM, AND QQQBRK.B/XLF is at the bottom of the channel. BRk.B is also on the long term trend line vs IWM.
buylimit but with sl 20%=break this black trend can start new down trend
80%=+ trend will continiue,we advice dont pick sell signals,looking for buy
we advice for now buy these stock and hold =ford ,deutchebank,lufthanza
goodlock
BRK.A (DJI) - Be carefull for retracementHumbled, we would like to thanks for your support who has already liked, commented and followed us.
Your support, strengthens us, to help in analyzing the market.
BRK.A (DJI) - Be carefull for retracement
Long-term performance better than market’s with minimal riskBRK.B’s long-, mid- and short-term trend charts are presented.
The Warren Buffett’s company is an ideal choice for those who want their investment to have better long-term performance
than market with the minimal risk.
BRK.B has excellent fundamentals and technicals too and can be the pylon of a conservative portfolio or the backbone of an aggressive portfolio.
Next follows the long- and mid-term performance charts of BRK.B.
Prompt: New traders should take some time and carefully read the post entitled 'You can't beat the market' that is located in my profile.
Disclaimer
The author of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only.
It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances,
it is very important to do your own research and analysis and also take independent financial advice from a professional to verify any information provided here.
Expanding Megaphone on Berkshire Hathaway + Trade IdeaExpanding Megaphone on Berkshire Hathaway
-The main structure we are observing right now is an expanding megaphone
-Currently, the price is above a major resistance zone (previous ATH)
-IF the price breaks above the last ATH, we expect a bullish movement towards the higher trendline of the megaphone
-The secondary structure we are observing is the Ascending channel (yellow lines)
TRADE IDEA:
-Here, we are looking for a 1 : 2 Risk Reward Ratio. The first Fibo extension is the break-even level, and the 2nd one is the Target level.
-We will risk 1% of our Trading Capital on this setup.
-If the price goes below the Stop zone without executing the setup, we will keep moving it below the price until we reach a minimum risk-reward ratio of 1 : 1.5 (if the price keeps falling, we will cancel the idea)
-In case our setup is executed, we expect a resolution of 30 to 45 days
Will be watching this as always no confirmation = no trade
no profit margin = no trade
must get a confirmation on LTF
Either 15M Timeframe or 10M or 5M
we must get a change of trend on those timeframes like price coming into the zone with LL/LH and we need HH/HL To come in!
that's how i enter 99% of my trades
a possible cypher pattern is creating 20% trading oppurtinitya possible cypher pattern is begin created on Berkshire Hathway n daily time frame. 20% at 5 levers is a 100% trading opportunity.
have a god day investors.
Cup and HandleValid at long entry level
No rising wedges in yearly chart.
BRK.B broke from a symmetrical triangle at 192.5 and targets for the S Triangle are 227.8 (reached) 237.4. T2 for S Triangle are 265 280
In a bullish stock with a bullish market, you can choose a target above the ones I posted, 100 percent which is 303.8 to 1.272, 1.382 and 1.618. These are most often targets 2 but every security is different
Not a recommendation
The only one who can stop you from succeeding is you
BRK.B - Elliottwave analysis - ABC zigzag up BRK.b It is within the 2nd wave correction of C wave up within ABC zigzag up cycle. It is little outperforming the market since last correction. Buy near 224-224 zone with stop level below 221.36 for target above 245 as C wave. There is alternate scenario as abc zigzag correction as the part of (X) wave correction. In that case also price is going higher up to 235 level.
Give thumbs up if you really like the trade idea.
Buffett year in review: O $224.99 H $234.99 L $159.50 C <=>$230Buffett year in review:
O $224.99
H $234.99
L $159.50
C <=> $230
Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny a day for a month it = $5,368,709. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, risk management
Beware of analysts motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
www.tradingview.com
Berkshire........... Heading to ?Above 350000 tgt of 360000+ not ruled out
Targets marked on the chart
