BRK.B - STOCKS - 11. OCT. 2021Welcome to our Weekly V2-Trade Setup ( BRK.B ) !
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4 HOUR
Bullish market open..
DAILY
Expecting more buyers shortly..
WEEKLY
Market about to turn in my view.
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STOCK SETUP
BUY BRK.B
ENTRY LEVEL @ 285.25
SL @ 272.86
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
BRKB
Don't underestimate Buffett Well as you can see this chart I made in 2016 worked out very well better than anticipated in fact, people still wonder why Buffett is sitting on $150+Bn Cash!
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Berkshire Hathaway Analysis 25.10.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button.
Thank you for watching and I will see you tomorrow!
XLF breaking out?Once XLF closes above trend line on weekly chart and opens Monday 2/15/21 higher than Friday's 2/12/21 close I am expecting a breakout. I will be buying September out of the money options around $34. Right now they are $1.20. It could possibly 3x in relativity short period of time. If it is rejected at trend line it could be a triple top and get slapped down pretty hard. I am leaning towards a breakout. I am not a financial advisor. Do your own DD.
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
BRK.B benefits from yield spikeYields are going down again so we are back to business as usual this week, disinflation. But could this bond move be a head fake? I think this gap up from Berkshire is insanely bullish. Accumulation seems smart here given this little selloff. Pyramiding in is my plan. We need to see if we will get a tech rally as I am wondering if folks will pile more into those stocks again given this yield change.
Berkshire Hathaway Inc. Class B Mark UpI do not trade BRK.B. However, I would like to see how this plays out to these levels I set.
I am ultimately looking for the bears to enter the market in order to drive price down to that huge continuation zone ($167-$185). If that does take place then I would utilize that area as a take profit. I would readjust IF price action heads further up so I would look for a B.A.R. of the $215.45 for a bull move. We shall see..
Also, if my analysis help YOU in any way, shape or form then please consider donating to the cause. It's appreciated.
Berkshire Hathaway's "Big" Correction | Today's Option PlayAttention has been on $BRKB after they gapped down 1.5% and continued to a low of -4.5%. After finding support on a monthly level @ $209, we decided to grab a small yet powerful position in weekly calls...
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The stock currently sitsat $213 which almost looks like a 50% retracement from todays move.
Heavy weekly support @ $208-$209.
Watching the orange trend line as support as well, it holds strong on the weekly timeframe.
Possible long on a break & close above $215.6
Upside targets: $222
Possible Short Entry: $208
Caution needed moving forward.
Options Play Signaled:
BRKB $217.5 9/25 Call @ $24 (up 120%) (these closed @ $215 yesterday)
We grabbed these right before the bounce @ 70% off from yesterday's prices. This shows how powerful buying against implied volatility can be while trading options.
DotcomJack | Picasso of Stonks
Berkshire ShortBerkshire Hathaway has long been a leader for the S&P, but it currently looks like the conglomerate is heading into a rough period of time.
The Daily 200 SMA in pink has rolled over bearish, and the key Weekly support level for the past 2-3 years has been breached to the downside.
Being one of the top 10 holdings in the S&P index, if this downtrend continues this could be a stock that acts as a downside-weight for the indexes and market as a whole.
(Plus many big financial names look like shit right now, which should act as a similar downside-weight to more financially-weighted indexes like the Dow)
Long-term Market outlook: BEARISH
(not financial advice, just an opinion)
👍 Berkshire Going To Test Channel Support. (BRK.A)💰 LET'S GET INTO SOME BERKSHIRE HATHAWAY ANALYSIS!💰
1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤
(Overall Market Sentiment) 🐻 Bearish
- Daily Chart
- Red Engulfing Candle
- 3/3 EMA DOTS Red
It looks to me that berkshire will continue down to test the upward channel support. Look for all indicators to shift on support otherwise it could be disaster if we breached below that main level.
Best of luck to you and all of your trades this week! 🤜
Drop your charts and comments down below, share with us what you think is going on in the markets! ❤❤❤
Thanks for checking out our analysis! ✌😁✌
🥇MLT | MAJOR LEAGUE TRADER