thinkin about birk BThinking birk B will fall into the 300's big rejection off the top of my channel. thinking this might be a leading indicator for some tough times ahead. thinking if buff daddys cant do well, can anyone? Shortby LetsGetRichBabyyyyyyy2
BERKSHIRE HATHAWAY STRUCTURE If you have been following me, from the previous analysis we marked out a weak high that was supposed to be taken out and it has broken out into a 4H OB and now we have marked out the 4H OB, You can trade shorts or wait for prices to pull into the 4H OB before looking for longs. Do well to like share and follow.Shortby Dr_Trade12
Berkshire Hathaway's price hike soon to cool off... on chart! Join me as I give fresh insights and try to figure out if Berkshire Hathaway is really on the brink of a crash! In this eye-opening video, I share insights on the potential impending crash of Berkshire Hathaway. As the charts indicate a significant downturn, we delve deep into the reasons behind this forecast and what it could mean for investors. Join us as we analyse the trends and patterns that suggest a rocky road ahead for the company, and Charlie Munger's perspectives in a recent interview, providing additional context to my claims. If you're curious about the future of Berkshire Hathaway and want to stay ahead in your investment strategy, this video is a must-watch. Don't miss out on understanding the dynamics at play that could impact one of the most talked-about companies in the market! Like, subscribe and share this video. Short09:38by Pan_empp3
Time to Short Berkshire?BRK.B just reached over MIL:1T market cap. It's also hitting a key resistance line on the chart. Although, I respect Warren Buffet very much, due to the overbought signals on the chart, I'm taking a short position at $471.27. We'll see where it goes from here.Shortby LITIXTRADINGUpdated 221
Buffett's Company Hits $1 Trillion Market CapBuffett's Company Hits $1 Trillion Market Cap Berkshire Hathaway's (BRK.B) Class B shares surpassed $465 this week, while Class A shares exceeded $700,000, pushing the market capitalisation of Warren Buffett's company past the $1 trillion mark. This milestone makes it the first non-tech U.S. company to join the trillion-dollar club, alongside Apple, Nvidia, Microsoft, Alphabet, Amazon, Meta, and Saudi Aramco. Buffett's success lies in his value investing philosophy, which has allowed him to build a portfolio that consistently outperforms the market. This month is no exception—while the S&P 500 (US SPX 500 mini on FXOpen) has rebounded about 9.4% from its 5 August low, Berkshire Hathaway's Class B shares have surged over 14%. Can the price climb even higher? Technical analysis of the BRK.B chart reveals that: → Since mid-2023, the price has been forming an upward channel (shown in blue). On 5 August, the price attempted to break below the lower boundary but failed. The long lower wick on that day's candle indicates strong demand. → Following 5 August, a steady uptrend emerged without significant pullbacks, lifting the price to the upper half of the channel. The median line acted as support during a test (indicated by an arrow), and the RSI indicator soared into the overbought zone. → When analysing 2024 price action using Fibonacci proportions, the B→C retracement is about 0.50 of the A→B impulse. This suggests a target for the current rally could be at the 1.618 level, around $475, which aligns with the upper boundary of the rising channel. Therefore, as the price approaches $475, the bullish trend may slow down. According to TipRanks, the target price for BRK.B shares is $477 over the next 12 months. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen1110
Berkshire Hathaway just hit a $1 TRILLION market cap!Berkshire Hathaway just hit a $1 TRILLION market cap! 🎉🚀💰 This milestone makes it the first non-technology company in history to achieve such a feat. A testament to Warren Buffett’s legendary investing strategy and the strength of diversified businesses. 📈🏆 NYSE:BRK.A NYSE:BRK.B #BerkshireHathaway #WarrenBuffett #StockMarket #Investing #Finance #Success #Milestone #SPX500 AMEX:SPYLongby AlgoTradeAlert111
BERKSHIRE HATHAWAY STRUCTURE This is the season of testing patience level, we will have to wait for the price to take out the weak high before we can draft our bias on what we are to do next, but for now, we sit on our hands and wait, we will allow the market commit to us before we commit to the market.by Dr_Trade13
Long Term $270 Buying ZoneIt's hard to find entries on ultra strong stocks like this. But looking at the weekly chart we see that the median of the fork created by the 2008 crisis has not been touched in a long time. This gives an idea to match that median with a low volume zone on the volume profile. Should another global financial crisis arise then it may make a similar buying opportunity. $270 may seem like a long way to fall for such a blue chip stock but it's not impossible considering it went from about $100 to $45 in 2008. It is currently near the upper fork extension of so it could be considered over extended.by mljones1
Berkshire Hathaway Trims Apple Stake, Cash Reserves Hit New HighBerkshire Hathaway (NYSE: LSE:BRK ), the conglomerate led by legendary investor Warren Buffett, released its Q2 2024 financial report, revealing significant portfolio adjustments and a surge in cash reserves. The company's strategic moves have sent ripples through the market, reflecting a cautious stance amid economic uncertainties. Major Reduction in Apple Holdings In a surprising move, Berkshire Hathaway (NYSE: LSE:BRK ) slashed nearly half of its Apple holdings, reducing its stake from 790 million shares to 400 million shares—a substantial 49% decrease. This follows earlier reductions, including a 1% sell-off in Q4 2023 and a 13% cut in Q1 2024. The decision to pare down Apple, which has been a cornerstone of Berkshire's portfolio, underscores Buffett's strategic shift in response to potential changes in U.S. tax policy. At the annual shareholder meeting in May, Buffett cited the expectation of a possible increase in U.S. tax rates as a key reason for taking profits on his Apple position. Record Cash Reserves Berkshire Hathaway's cash reserves soared to an unprecedented $276.9 billion, up from $189 billion in Q1 2024. This massive increase was bolstered by $75.5 billion in stock sales during the quarter. The substantial liquidity positions the company advantageously for potential market downturns or opportunistic acquisitions. Systematic Reduction in Bank of America Stake In addition to trimming its Apple holdings, Berkshire Hathaway has been steadily reducing its position in Bank of America, its second-largest holding. Regulatory filings indicate that in the 12 trading days leading up to August 1st, Berkshire sold approximately $3.8 billion worth of Bank of America stock. This systematic reduction reflects a broader strategy of rebalancing its portfolio amid evolving market conditions. Strategic Implications Berkshire Hathaway's moves highlight a cautious yet opportunistic approach. The significant increase in cash reserves suggests that Buffett and his team are preparing for potential market volatility and looking to capitalize on future investment opportunities. By reducing exposure to major holdings like Apple and Bank of America, Berkshire is diversifying its risk and positioning itself to navigate an uncertain economic landscape. Market Reaction The response of the market to Berkshire Hathaway's (NYSE: LSE:BRK ) financial report has resulted in polarized opinions. While certain investors interpret the divestment in Apple and Bank of America holdings as a prudent risk management tactic, others express apprehension regarding the potential repercussions for these stocks, given Berkshire's influential standing in the market. At the time of writing, LSE:BRK stock has experienced a decline of 3.42% and is currently trading with a weak Relative Strength Index (RSI) of 37.83, signaling a potential trend reversal subsequent to a prolonged bearish trend. Notably, the majority of moving averages portray a bearish trend, a substantial observation considering the widespread decrease in both stock and crypto assets today. Conclusion Berkshire Hathaway's Q2 2024 financial report underscores the company's adaptive strategy in a dynamic market environment. With record cash reserves and a rebalanced portfolio, Berkshire Hathaway remains well-positioned to seize future opportunities while mitigating risks. Investors will be closely watching Buffett's next moves as economic conditions evolve. For more detailed insights and analysis on Berkshire Hathaway's strategic adjustments and their market implications, stay tuned to our updates.by DEXWireNews4
Berkshire Hathaway will begin to go bearish this week?Berkshire Hathaway, Buffett's company, released its 10-Q report on Saturday, revealing a massive reduction in its Apple holdings, down nearly 50%. This is likely to put some selling pressure on Apple. Now check the weekly chart of Berkshire Hathaway. It closed as a bearish engulfing candle last week, signaling the start of a pullback. So the price might continue to drop this week. We could pay attention to the support level from previous high because the daily chart may have a short-term callback here. Shortby xugina781
Berkshire Hathway Inc. Support Breakout At $430.78 05.08.2024Bearish Breakout: Berkshire Hathaway Class B shares broke support at $430.78 on the 1-hour chart. Downside Targets: If the breakout holds, expect price to drop to $425.21 and $420.85. Breakout Failure: If the breakout fails, expect price to rise to $437.83 and $446.82. Apply risk management Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350) DisclaimerShortby Stuart_Cowell0
Bullish triangule in this stock, get ready to buy this breakoutIt is a buy with this uptrend triangule! nice stock to buy and hold to take profitsLongby nuvemprafazertradeUpdated 0
#Birkshire about to make another run?#BRK (#SPX) is currently at an MACD cross to the upside. Looking to see a break next week for a medium term trade.by Market_Monkey_AU2
Million dollar stock.Berkshire Hathaway breaking out versus Gold*Note #BRK does own Barrick Gold #ABX Very interesting chart pattern 25 years in the making The close of September should mark a confirmed breakout, of Warren Buffet's famous holding company, against Gold on a quarterly basis. More evidence of a Melt Up in paper assets? And the continuation of the Bull market in the "roaring 20's" If this is a continuation structure the amplitude suggests that one Berkshire Share, could be converted into well over 530 ounces of Gold. At current prices that would equate to over a million dollars per share!Longby BallaJiUpdated 13
Berkshire - another run up and then sidewaysLooking at the two year chart, BRKB looks like it's going to make another run up and then trade sideways for quite some time. Nice break on the trend line after a five month sideways (somewhat downward) movement. I am curious how much it runs up. I feel like Berkshire has gotten no credit lately, especially for their stock portfolio. I understand you pay for a premium for Berkshire but two of their biggest holdings, Apple and Bank of America, have had nice runs lately and Berkshire has not moved. Buying calls with this momentum. Will sell calls if/when this sideway run starts. Hopefully not anytime soon :) I am not an attorney, accountant or financial advisor, nor am I holding myself out to be, and the information contained in this post is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation.Longby DrConservative0
BRK.B To 500 Post earning soon.... Berkshire to $500 soon post earning or $480 in 6-7 weeks Longby MAFIA_TRADER074Updated 3
Matter MattersMarkets are liquid. Liquids, by definition, move. Some of them have moved tremendously well. These liquids got so strong that they are now considered to be gasses. Unfortunately for them, gasses are not very dense. They are light and weak. Apple is the prime example of this important paradigm change. Until ~2005 Apple tried to strengthen and it magnificently did. It reached the optimal point in its cycle. It began as cold hard ice which is hard to move and turned into dense water. In the last 20 years Apple (and many others) turned into hot liquids that have the risk of evaporation into gas. Now these hot markets are reaching the end of their cycle... Gases reach the upper levels of the atmosphere. There they can only turn into rain, or escape into space. Either one of them is bad for markets. The birthplace of bull markets are rivers lakes and oceans. The end of their life is up in the skies. Market Cycles are just like Water Cycles. They cannot escape the cycle. Hot markets can only get colder. Remember, space is very very cold and can easily turn growing gasses into falling rain. Investors are now beginning to fear. And so, they fly to safety. One of these safe havens is Gold, which has performed incredibly these past few months. Inside the equity market however, there are stocks that begin to exhibit incredible signs of resilience (coldness) like BRK.A Has Berkshire reached the "island of stability"? If we plot a volume-weighted candle chart, we realize that Berkshire Hathaway has created a massive plateau. A lake in the mountains. A place for investors to swim into. With ongoing worldwide conflict, investments like these will definitely pull buyers towards them. Apple is not the only weak. It is a mere example of the many "bubbling" companies that face issues. Their growth was an example of easy money loose monetary policies. With high yield rates the survival of these bull markets is not guaranteed. On the other hand Berkshire is not the only one that shows strength. Companies like Exxon Mobil, an energy company, cannot be easily ignored. Now compare this massive brick of volume to the following chart: No words need be spoken. Matter matters. Not all H2O is identical. A solid investment needs ample liquidity and warm water. A long-term investor may seek heavy icebergs, which may take years to melt. A seller or a reckless trader may look into some of the innumerable gas giants to profit on. Tread lightly, for this is hallowed ground. -Father Grigoriby akikostasUpdated 4414
BRK B BREAKING OUT!? ?_?thinking about berk b busting bodashusley betwixed the wedge thinking this might be the start of something good. thinking warern buff dawg might be on to something Longby LetsGetRichBabyyyyyyy229
Berkshire Neutral WedgeI'm a few days early on watching this setup for a potential "up or down" breakout but I will be keeping an eye it to see how it plays out. I am looking for a Bullish breakout at the top wedge line. Buying as soon as it goes above the top wedge line. 1st Profit Target = $428.50 Buy to open = $415, depending on where the top wedge lines price is at the breakout time. Stop Loss set on the swing low of the previous few bars.Longby PappyTradingUpdated 6
Which side do you prefer to support?Is Berkshire Hathaway Stock a Good Buy? while the stock is not a screaming buy at these levels, it is one name that value investors can have as a core part of their portfolio. by Super_B_XinR1
In-Depth Technical Analysis of Berkshire Hathaway Inc.Berkshire Hathaway Inc. (BRK.B) closed at $413.72, presenting a potential inflection point as it navigates the tight trading range between $410.00 and $420.00. This consolidation zone has captured market attention, suggesting that a significant move could be on the horizon. The recent price action revealed a bullish engulfing pattern, which often indicates a reversal of a downtrend and a shift in sentiment towards the buyers. This pattern is particularly noteworthy as it has formed near the support level around $410.00, reinforcing the case for a potential upward move. Berkshire Hathaway is currently trading above the Ichimoku Cloud, signaling a bullish stance. The cloud ahead is relatively thin, implying a potential period of equilibrium or consolidation. However, the Tenkan-sen (conversion line) has crossed above the Kijun-sen (base line), generating a bullish signal known as a “Tenkan-Kijun cross.” This crossover is often a precursor to a bullish trend continuation if accompanied by strong volume. Short-term Averages: The 10-day EMA ($410.95) and SMA ($409.74) are acting as immediate support levels, critical for gauging short-term sentiment. These levels need to hold to sustain the bullish outlook. Medium-term Averages: The 50-day EMA ($407.62) and SMA ($408.80) further underpin the price, indicating solid medium-term support. Long-term Averages: The 200-day EMA ($383.03) and SMA ($379.45) are well below the current price, suggesting strong long-term support and an overall bullish trend. Relative Strength Index (RSI): With an RSI of 56.35, BRK.B is in the neutral zone but skewing towards bullishness. This indicates room for further upside before reaching overbought conditions. MACD (Moving Average Convergence Divergence): The MACD line is above the signal line, with a positive divergence, suggesting growing bullish momentum. Stochastic Oscillator: Positioned at 63.38, the stochastic is neutral but indicates potential for further upward movement. Recent volume spikes correlate with bullish price movements, adding weight to the bullish engulfing pattern. Sustained high volume on upward price movements typically confirms the strength of the bullish trend. In recent news, Berkshire Hathaway has notably increased its stake in Occidental Petroleum. This strategic move underlines the conglomerate’s confidence in the energy sector and its potential for growth. Additionally, Berkshire’s robust earnings report, showcasing significant revenue growth, supports the bullish sentiment and adds a fundamental underpinning to the technical analysis. Key Resistance Levels: R1: $422.37 – Immediate resistance; a break above could signal a bullish breakout. R2: $430.34 – Secondary resistance; a critical level that could open the path to further gains. R3: $451.32 – Major resistance; surpassing this could lead to a significant rally. Key Support Levels: S1: $401.39 – Immediate support; a fall below this could trigger a bearish sentiment. S2: $388.38 – Secondary support; a critical level for maintaining the overall bullish outlook. S3: $367.40 – Major support; a breach could signify a deeper correction. Long Position Strategy: Entry Point: Initiate a long position if the stock breaks above $422.37 with substantial volume. This breakout would likely signify the continuation of the bullish trend. Stop Loss: Place a stop loss slightly below $410.00 to protect against downside risk. Price Target: Set an initial target at $430.34. If bullish momentum persists, look towards $451.32 as an extended target. Short Position Strategy: Entry Point: Consider a short position if the stock fails to sustain above $410.00 and breaks below the support level at $401.39. This breakdown could signal the beginning of a bearish trend. Stop Loss: Position a stop loss above $415.00 to mitigate potential losses from a rebound. Price Target: Target $388.38 initially, with a further downside target of $367.40 if bearish momentum strengthens. Berkshire Hathaway Inc. (BRK.B) stands at a pivotal moment, with technical indicators pointing towards a potential bullish breakout while also being on the cusp of a critical support level. The convergence of positive technical signals, recent bullish news, and strategic moves by the company creates an intriguing setup for both short-term and long-term traders. Investors should closely monitor the key support and resistance levels and be prepared to act swiftly as the market reveals its next move. by AxiomEx2
Trade Like A Sniper - Episode 19 - BRK.B - (6th June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions. A couple of things to note: - I cannot see news events. - I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range. - I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks In this session I will be analyzing the Berkshire Hathaway ETF chart, starting from the 6-Month chart.05:41by Road_2_Funded1
Can you Imagine?? Berkshire Hathaway low ? $185 plot Zero Band15Can you Imagine?? Berkshire Hathaway low ? $185 plot Zero Band15 NYSE:BRK.A Plot zero for xd-Band15 = $185 and Today's low of Berkshire Hathaway Class A BRK.A was nothing but $185 by XDataAnalyst1