BRK.B upward trend continues 4-Sept-2017 (Daily)BRK.B upward trend continues (Daily)
Entry Date: 30-Aug-2017
ATR: 2
Entry : 180
Stop : 176
N1 : 182
N2 : 184
BRKBCL trade ideas
BERKSHIRE HATHAWAY INC. Share correction...BERKSHIRE HATHAWAY INC. Share correction. According to our strategy, BRK.A shares are in place before correction. The size of the correction can be around -15%. If our assumption is correct, the exchange rate will drop close to 229722. From there, it will rise again.
WHY SHOULD WE GO LONG FOR BERKSHIREThe weekly closing is at highest high of whole periods. Volume and strength indicators are confirming the possible highest highs in near future.
Berkshire Hathaway -B to 200$The price formation, ratios are text book impulsive in BRK-B and I believe there are many chances wave 4 is complete and we have started a wave 5 move that will eventually bring price towards 200$. First target is 196$. Wave 3 is 161.8% of wave 1, wave 4 retraced wave 3 by 38%, wave 5 is expected to move close or higher from the 61.8% wave 1 to 3 distance. The entire upward move from 2016 lows looks incomplete and a new high is needed to complete the sequence.
Berkshire Hathaway B 29-June-2017 [Weekly]Berkshire Hathaway (BRK.B) 29-June-2017
Resistance at 176-180
Support zone at 162-165
Trend = Upward
Higher Highs and Higher Lows
Berkshire reversal (class B)Trading using a mean reversion system requires several levels of confirmation to reduce risk and increase likelihood of making a profitable trade. Trading the initial signal is rarely successful. Trading the second signal guarantees entry before primary trend. Momentum indicates a bullish pattern is on its way. Let's see how this works out.
$BRK.B maybe oversold, Support from 100 day WMA & previous highBerkShire Hathaway maybe oversold, Support from 100 day WMA & previous high
BRK.BAt all time high with some strong momentum lately. Demand zone at level highlighted in yellow. Imo a pullback to that level would be a great place to get long.
Entry: $164.59
Stop Loss:$163.25
Target1: $168.50
BRK.B - reflects the true economyI am not a fan of EW counts, however it seems that price is going to make the 5th up wave ^_^
Base on channel projection, somewhere around March 2017 - April 2018, topping could happen
Disclaimer: This is solely for educational purpose only, not an advice to solicit you to trade
Prepare to Leave Berkshire HathawayEven Buffett himself is not going to tell you that his company is immuned to the trials and tribulations of the market cycle. Because it is not.
Berkshire Hathaway, Super Up+/// ->Yes the great body benefited (immediately) with the election of the new president of the USA (mister TRUMP) is the sector dedicated to insurers // an example of this we can clearly see the graphs of Berkshire Hathaway (/ > Our friend;) Warren Buffett) /:)/
Berkshire Hathaway - Breakout to where?Post Trump's election BRK has broken out to the upside but my Elliott wave count suggests that it may not have much further to go with some upside resistance provided by a combination of the 1.618 Fib extension, the parallel channel and a Andrews Pitchfork median line. It all suggests to me that the post election market euphoria may be short lived.
#BRK.B - take to set long positionOn this moment we are in support zone. This should be nice opportunity to go long in that stock. Resistance is somewhere around 150.50$. Stop Loss should be set below 142.50$. This will be nice swing :)
Berkshire B LONGBerkshire Hathaway B class share pulling back to nice uptrend support going back to 2011
Is Berkshire on the hop?Price > 221.300 --> Shortterm Buy-Signal --> TP 230.000
Price > 230.000 --> Longterm Buy-Signal
