Retracement RunningBerkshire fell to sharp ahead of the overall market. The fund holders seemed to have overreacted. Thus a retracement backup may be running now.
BRKBCL trade ideas
Daily BRK.B forecast analysis report by Supply-demand strength.03-Jul
Price trend forecast timing analysis based on pretiming algorithm of Supply-Demand(S&D) strength.
Investing position: In Rising section of high profit & low risk
S&D strength Trend: In the midst of an upward trend of strong upward momentum price flow marked by the temporary falls and strong rises.
Today's S&D strength Flow: Supply-Demand strength has changed from a weak buying flow to a strengthening buying flow again.
read more: www.pretiming.com
D+1 Candlestick Color forecast: GREEN Candlestick
%D+1 Range forecast: 1.4% (HIGH) ~ 0.2% (LOW), 1.0% (CLOSE)
%AVG in case of rising: 1.0% (HIGH) ~ -0.3% (LOW), 0.8% (CLOSE)
%AVG in case of falling: 0.4% (HIGH) ~ -1.0% (LOW), -0.5% (CLOSE)
Berkshire looking strongBerkshire had an amazing week and this continuation pattern looks hot aswell. I think it's very possible that we will see another 10% growth this year, which would put Berkshire to over 20% ROE this year.
Old vs. NewHello all,
Testing out a theory.
We are using Brk.a as a representation of the total traditional market. BTC and BRK.a's daily dollar fluctuations seem to be moving in an inverse correlation. If we rise Traditional market rise, if we fall, BTC Rises.
The red bars measured look like BTCs recent rally.
Interesting stuff.
Have a cup of Joe with Warren BuffettI don't thing I could have drawn such a perfect pattern with pen in hand.
Berkshire Hathaway Inc. Class B (BRK.B) JUNE 26, 2019NYSE:BRK.B
Pivot Point: (65 day EMA) $205.42
The long-term trend is considered up when BRK.B is above the 65 day EMA
Our view: Long positions above (65 day EMA) $205.42
Comment: BRK.B remains Bullish above the $205.42 level
Alternative scenario: Below $205.42 BRK.B becomes Bearish , expect further downside to lower levels
BERKSHIRE HATHAWAY Giving Sellers the last opportunityThere is no question that BERKSHIRE has been outstanding since it's listing in 1996 with a solid exponential growth over the years and no scandals or drama to drag the name on the ground, in fact the Wall Street big shoots call this Firm the company that always has cash to buy new companies. Just recently Mr Buffet unveiled that BERKSHIRE owned $861 Million Amazon Stake at the end of March, which really indicated how quick-witted this company is under Mr Buffet fundamentally wise.
Talking or discussing technical, we know the market does not go up or down in a straight line but rather it gives Buyers and Sellers opportunities to invest and make a quick buck or even a good sum of cash. BERKSHIRE has fallen from $223 per share to closing at $205 per share since May 2019. Having to close at 205 we saw its market turning exactly at 50.0% fib level giving sellers an opportunity to go short to $196.78 Per share and for additional confirmation the Stochastic is at overbought indicating buyers are exhausted now giving sellers a small opportunity to make some money.
BRK.B 3 Push + Broken ParabolaClassic Bollinger Band 3 pushes to a high with a broken Parabola for a projected 80% decline.
Berkshire as mirror to the stock marketAS BERKSHIRE preform=the morket does aswell
right now many negative Signs
Will see how this plays
Warren Buffett and his buybacks!All details in the video, let me know if you have any questions, thanks :)
Broken parabola on Berkshire HathawayParabola about to be broken on Berkshire Hathaway.Bad days ahead for Berkshire Hathaway,hope the old man could survive this.
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
---
Sell = $209.36
Take Profit = $205.92
Stop Loss = $211.44
------
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!!
