BRKBD trade ideas
Berkshire Hathaway bearish Garthley MMHVW - see chart - bear Garthley combined with rising wedge. This is where the wise money is invested.
BRK.B BERKSHIRE HATHAWAY. Is it time to Sell!! Targeting 191Second Shoulder forming pattern . down trend for 2 months at least . indicators over bought . Target with down trend are Yellow boxes ..
OversoldWe have dropped very sharply and the RSI shows an oversold condition. The more the momentum is declining.
Retracement DoneA Fibonacci retracement of the latest decline has been done and this may continue now.
Berkshire (Warren Buffet) Sell $209.36 >>> Target $205.92NYSE:BRK.B
Berkshire Hathaway Inc (Warren Buffet)
Stock - NYSE (USA)
Profit:Risk = 1.65:1
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Sell = $209.36
Take Profit = $205.92
Stop Loss = $211.44
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Take Profit = +1.64%
Stop Loss = -0.99%
Possible long opportunity with BRK.B Sort of a bullish penant and ascending triangle in one wait for 78.6 break for conformation. Happy Trading!!
BRK.B Short opportunity Berkshire B has developed a very nice 4 month pattern since the beginning of 2019 and I believe that it is a rime time for a shorting opportunity. Looking at a 4 hour chart the risk would be a little bit under 1% while the reward would be in the 4.5% area. Definitely something to keep an eye on if it can make a slight push towards the 206.5 area.
BRK.B back-to back harmonic patterns opportunities!To be honest, I've never trade or invest in BRK.B in my entire financial career.
As an investor, I don't like to pick a no-dividend stock; as a trader I don't like its low volatility.
While, it's also been relatively much weaker than the market since 2019 because of the KHC investment and other factors.
To take a trade with an out below 184.00 is my idea as that would be a very important out!
Here we got these back-to-back harmonic patterns, so I'll be waiting to buy at the 188.5 spot.
Let's see how it goes!
Correction DoneThe rise from 197,03 that begun March 3rd has now been retraced. It can rise now again.
The Opening Gap...... has been closed now and due to yesterday's pressure upwards I expect a renewed rise today.
BRK.A showing downside. 1 week timeframe - swing trade.- Ichimoku cloud showing bears are coming. (red cloud)
- Pattern to break to the downside shown above.
- Wait for candle to breakout for entry
BRK.A short idea. 1 week time frame - swing trade.- Watch breakdown to the downside.
Trade at your own risk. This is an observation not a trading advice.
BRK.B Buy SignalThe Megalodon indicator has triggered a buy sign for the real estate giant!
The Megalodon indicator uses an artificial intelligence, combined with data from over 500 buy setups, and over 2000 indicators to produce extremely accurate buy signals on any and all asset classes!
