BRKB trade ideas
BRK.B | Long @ DemandLong @ Demand zone
Entry: 179
SL: 173.65
TP1: 198.84
TP2: 224.03
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Inverse Head and Shoulder?I am very new to stock and patterns and would like some insight. I only know a few patterns right now and it is likely I am wrong but will this turn into an inverse head and shoulders? Maybe see a decent increase for a little for an opportunity to buy calls? Any advice or opinions is valued and I will take all criticism into my studying. Thanks!
Berkshire B It is a BullEmotion is generally disappointment on this one.
But really it is all a matter of perspective.
Morgan Stanly said on 5th may it was on equal weight. No change ever since.
I am nog good at investigating the financials. But the regular ratings say it is on par right now.
Only emotion can push it down. Maybe a drop of 2 percent. But it has to go up eventually.
If this breaks, sentiment among value investors may break
I am going Long.
Berkshire B - Next stop at?I am willing to invest in this value share but really... I have no clue as to where it is going. Is it a buy or is it going down?
The chart says a good short will give you a huge profit. But... this is Warren Buffet. Is it his moment of truth?
I am going in with my paper trading account for a long. historically it should go up. But the current situation in US says auch.
Who can shed a light on the next election results in favor of Liberals? What would possibly be the effect on this share.
BTW I m a noob. Just started. But I want to go long on this one.
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)