4BRK trade ideas
Berkshire Hathaway: Wait for a lower buy entry.BRK is trading within a Channel Up on the 1D chart (overbought RSI = 75.715, MACD = 9999.000, ADX = 38.918), since the late March bottom. The price is pulling back slowly off the Higher High trend-line of the Channel Up, with both the MACD and RSI, waving bearish flags. The most optimal buy entry has been below the 1D MA50, so we advise long-term investors to exercise a two tier entry, one on the 1D MA50 and the other on the Higher Low trend-line. Once the bottom is made calculate roughly a +20% rise as your target.
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BRK.B , Time will tell.I decided to do this one with a line chart to show things a little clearer .
This could go two ways , I personally see good reason for BRK.B to continue its run up, hard to say where since its forming a new trend at this time, but, I would love to see somewhere around $225. Stock certainly has a good reason to do so with the recent earnings report .
However, looking at the accumulation/distribution indicator (not included in this chart but I encourage you to check that out), I saw that there was some distribution around close today which did not perfectly coincide with closing price (bearish), but it was not too extreme ....
I think that if the price drops below support (previously resistance), then there is a good technical possibility the price will be stuck back in the prior trend but sort of a coin toss right now .
To be clear , if it breaks the current support , that's bearish and not an entry signal. If I continues its run up without breaking support, that's a technical green light .
The red line is my stop and green is my hopeful target .
Cheers
The BERKSHIRE HATHAWAY Option DailyHello traders, BERKSHIRE HATHAWAY is in a bullish continuity low buy volume in the middle of PITCHFORK. So in this precise case we have a great potential of a force, after the breaking to join the last preceding one higher and which corresponds to half of the first median.
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Berkshire Hathaway Undervalued pla1) Trading near an all-time low book value ratio.
2) Delayed recovery in price relative to market (not driven by fundamentals)
3) Increased value in equity holdings over Q1 (incl. notably AAPL)
4) Imminent Q2 earnings -- possible catalyst.
BRK breaking above resistance level $200BRK.B, look to see if it holds above $200, and it becomes new support level.
BRK.B: Ascending TriangleAscending Triangle
Pros
Descending volume
R/R ratio above 11
PPS above 50MA
Cons
ATR descending
PPS below 200MA
200MA Flat/Descending
250RSI under 50
If confirmed
PT1 = 201,01
PT2 = 206,01
PT3 = 212,27
PT4 = 216,86
PT5 = 223,12
PT6 = 227,71
PT7 = 233,95
BERKSHIRE HATHAWAY INC NYSE BRK.Auptrend closeup 296300.00 buy
1 target 315100.00
2 target 323400.00
3 target 334600.00
4 target 346000.00
BRK.B - can we cross support?Need a few more positive signs to see if this will go above the support line
BRK. B will be testing resistance this week. Looking for BRB.B to break out above the $200 level this week!
BERKSHIRE HATHAWAY INC BULLISHCame out of consolidation and ready to move upward
The target of $290000
Stop Loss $285000
#investocon
BRK.A in THe next days !Technical indicateurs indicat has bigs investiseur entred this market as buyers with a lot of monye , I advais you to keep it in the portfolio and You can BUy More after crossing the red line
Upside in Berkshire HathawayStock is trading in an ascending channel. We can potentially see Berkshire hitting the 200 range soon but before that, there is a small resistance it must overcome at $187.
