BRK.B Berkshire Hathaway: Good chance above EMA20Price reacting at $260 zone and cross the exponencial media average (EMA20), which then return to recognizes it and goes up. Next objective at 295.08 with a good chance to reach 310 usd.
BRYN trade ideas
Buying a Berkshire break higher.BRK.B - 30d expiry - We look to Buy a
break of 283.03 (stop at 274.88)
The primary trend remains bullish.
Bullish divergence can be seen on the weekly chart (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher.
282.50 has been pivotal.
A break of 283 is needed to confirm follow through bullish momentum.
Prices have reacted from 260.
Our profit targets will be 304.97 and 309.97
Resistance: 280 / 290 / 300
Support: 270 / 265 / 260
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Buffet-led BKR going downhillThe signs are clear for even a blind man to see them. Mind you Berkshire Hathaway comes all the way from half a million price mark. If you bought at its peak, you've lost about 20%, and that's how much the market has lost so far this year.
warren lotas v2seeing this happen again and again these days. not surprising anymore, oever levered in underwater outdated business models.
Bershire Hathaway Falling. BRK.AMassive zigzag at play, pivot confirmed and what looks like an impulse straight down - highly suggestive of the expected C Wave. Down we go.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
Berkshire to fall back into trendlineIt looks like the past couple of years could reflect a blow off top of the trend channel dating back to 1998 on Berkshire Hathaway.
I believe the catalyst to this would be the heavy portfolio weighting to AAPL which reflects a similar chart pattern.
Can one go wrong by buying Berkshire dips?BRK.B - Intraday - We look to Buy at 272.02 (stop at 264.98)
Support is located at 272.00 and should stem dips to this area.
Preferred trade is to buy on dips.
Weekly pivot is at 270.73.
Daily pivot is at 271.36.
We look for a temporary move lower.
Our profit targets will be 291.98 and 296.98
Resistance: 283.00 / 290.00 / 295.00
Support: 275.00 / 270.00 / 263.70
Weekly chart for context
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses.
There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
BRK.B Berkshire Hathaway - Investor Idea of The Day0. Notes to follow;
1. Stock just below $280 long term trend;
2. Opening a large position at $278 here.
3. Berkshire Thesis
#BRK.bEntry = 285 - 287
Stop loss = 268.5
Take profit = 320
we can get into long position after break out minor down trend line
$BRK.A with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $BRK.A after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 50%.
Earnings watch 8/8Earnings watch 8/8:
BRK.B
PLTR
D
GOLD
BNTX
NVAX
BLNK
APPS
MARA
CLOV
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
www.tradingview.com
Analogue: 1929 Crash Vs Berkshire Hathway August 2022The chart shows an analogue between the 1929 Crash Vs Berkshire Hathway August 2022. If the set up plays out. BRK.A is at or only has small amount of upside left before it crashes.
BRK rejection off supply+gap fillHey all, I've been journaling my short trades, and while I won't actually enter this play, I see short potential on Berkshire here. I think this trade works out well to the downside over the next few months- all upside PT's seem to have been hit.
Warren Buffet : Why You Should Never Invest In Bitcoin.Warren Buffett has been very vocal about Bitcoin with his opinions, predictions, and what he believes will be the logical outcome of Bitcoin and the cryptocurrency market over the long-term.
Let’s look at what Buffett has said about Bitcoin over the past 8 years.
Warren Buffett Bitcoin Opinion
“It’s ingenious and blockchain is important but Bitcoin has no unique value at all, it doesn’t produce anything. You can stare at it all day and no little Bitcoins come our or anything like that. It’s a delusion basically.” — “It’s ingenious and blockchain is important but Bitcoin has no unique value at all, it doesn’t produce anything. You can stare at it all day and no little Bitcoins come our or anything like that. It’s a delusion basically.” — Warren Buffett on CNBC, February 2019 CNBC, February 2019
“If you and I buy various cryptocurrencies, they’re not going to multiply. There are not going to be a bunch of rabbits sitting there in front of us. They’re just gonna sit there. And I gotta hope next time you get more excited after I’ve bought if from you and then I’ll get more excited and buy it from you. We could sit in the house by ourselves and we could keep running up the price between us. But at the end of the time there’s one Bitcoin sitting there and now we’ve gotta find somebody else. They come to an end.” — Warren Buffett on CNBC, May 2018
“In terms of cryptocurrencies generally, I can say almost with certainty that they will come to a bad ending. If I could buy a five-year put on every one of the cryptocurrencies, I’d be glad to do it, but I would never short a dime’s worth.” — Warren Buffett on CNBC, January 2018
“A rising price does create more buyers and people think ‘I’ve gotta get in on this’ and it’s better if they don’t understand it. If you don’t understand it you get much more excited than if you understand it.” — Warren Buffett on CNBC, May 2018
“Probably rat poison squared.” — Warren Buffett on Fox Business interview at 2018 meeting
“It will feed on itself for a while and sometimes for a long while and sometimes to extraordinary numbers. But they come to bad endings and cryptocurrencies will come to bad endings.” — Warren Buffett discussing speculative bubbles at Berkshire’s shareholder meeting in 2018.
“It draws in a lot of charlatans. It’s something where people who are of less than stellar character see an opportunity to clip people who are trying to get rich because their neighbor’s getting rich buying this stuff that neither one of them understands. It will come to a bad ending.” — Warren Buffett at the 2018 shareholder meeting
Why is Warren Buffett against Bitcoin?
“It’s a mirage basically. It’s a very effective way of transmitting money and you can do it anonymously and all that. A check is a way of transmitting money too. Are checks worth a whole lot of money just because they can transmit money? I hope Bitcoin becomes a better way of doing it but you can replicate it a bunch of different ways. The idea that it has some huge intrinsic value is just a joke in my view.” — Warren Buffett on CNBC, March 2014.
“It’s not a currency. It does not meet the test of a currency. I wouldn’t be surprised if it’s not around in 10 or 20 years. It is not a durable means of exchange, it’s not a store of value. It’s been a very speculative kind of Buck Rogers-type thing and people buy and sell them because they hope they go up or down just like they did with tulip bulbs a long time ago.” — Warren Buffett on CNBC, March 2014
“If you told me you own all of the bitcoin in the world and you offered it to me for $25, I wouldn’t take it because what would I do with it?” he asked. “I’d have to sell it back to you one way or another. It isn’t going to do anything.” — Warren Buffett
“Cryptocurrencies basically have no value and they don’t produce anything. They don’t reproduce, they can’t mail you a check, they can’t do anything, and what you hope is that somebody else comes along and pays you more money for them later on, but then that person’s got the problem. In terms of value: zero.” — Warren Buffett on CNBC, February 2020
How much Bitcoin does Warren Buffet own?
Warren Buffett does not own any Bitcoin in 2022 and has never owned any. Buffett’s favorite asset classes are owning cash flowing businesses, quality publicly traded stocks at a good entry price, and farmland.
Warren Buffett on cryptocurrencies: “We don’t own any, we’re not short any. We’ll never have a position in them.” on CNBC, January 2018
“I get in enough trouble with things I think I know something about. Why in the world should I take a long or short position in something I don’t know anything about? We don’t have to know what cocoa beans are gonna do, or cryptocurrencies, we just have to focus on eight or 10 stocks.”— Warren Buffett on CNBC, January 2018
“You’re going to be a lot better off owning productive assets over the next 50 years than you will be owning pieces of paper or Bitcoin.” —Warren Buffett on CNBC, March 2014
He believes for most people the best thing they can do is buy and hold the S&P 500 index for the long-term.
“I recommend the S&P 500 index fund and have for a long, long time to people.” – Warren Buffett (May 2021)
For people that want to own individual stocks Buffett says: “All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies.”
“If you said, for a 1% interest in all the farmland in the United States, pay our group $25 billion, I’ll write you a check this afternoon,” – Warren Buffett
Warren Buffett has owned farmland since his first purchase at a young age . He bought his first farm in Nebraska for around $10,000 before he entered high school with money earned from running a paper route.
“I don’t have any Bitcoin. I don’t own any cryptocurrency, I never will. I may start a Warren currency, maybe I can create one and say there’s only going to be 21 million of them. You can have it after I die but you can’t do anything with it except sell it to somebody else.” — Warren Buffett on CNBC, February 2020
source Steve Burns
analogue: DJI 1929 to Berkshire Hathwayspecifically looking at the price action in the final phase of the top. Im looking at the similarity in the final waves. If the analogue hold we should see a 50-60 % retrace of the the down move before powerful wave 3 down.
Warren. Never bet against USA resilience.The way I see it in the moment is to zoom out see what's going on. Strong bullish channel and big support around 270$ - 272$
Cash is king at the moment and Mr. Buffet is full of it.
Metrics are long. Oversold. Risk is really low. Bougth 1000 shares at 277$. There's a nice run to make to 315-320 area.
Price to Earnings Ratio (TTM)7.4911
Price to Revenue Ratio (TTM)2.1821
Price to Book (FY)1.2192
Price to Sales (FY)2.2848
BRK.B - Berkshire HathawayBerkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. The company wholly owns GEICO, Duracell, Dairy Queen, BNSF Railway, Lubrizol, Fruit of the Loom, Helzberg Diamonds, Long & Foster, FlightSafety International, Shaw Industries, Pampered Chef, Forest River, and NetJets, and also owns 38.6% of Pilot Flying J; and significant minority holdings in public companies Kraft Heinz Company (26.7%), American Express (18.8%), Bank of America (11.9%), The Coca-Cola Company (9.32%), and Apple (5.56%).
From 2016, the company acquired large holdings in the major US airlines United Airlines, Delta Air Lines, Southwest Airlines, and American Airlines, but these were sold early in 2020 in the wake of the COVID-19 pandemic. Berkshire Hathaway has averaged an annual growth in book value of 19.0% to its shareholders since 1965 (compared to 9.7% from the S&P 500 with dividends included for the same period), while employing large amounts of capital, and minimal debt.
BRK.B may continue lower, like Warren worried fewer clients during this time of the Pandemic.
BRK.B is oversold?BRK.B 2-year uptrend channel was broken last week. As you can see BRK.B peaked in mid-March 2022 with a classic blow off top pattern. Since BRK.B April 1st Friday close of $351.88, it closed a whopping -$83.80 or -24% in that time frame at $268.08 last Friday 6/17. I'm posting this as bullish because BRK.B closed at March 2021 levels area last week in a possible horizontal support zone. So I will be planning a short / medium term bounce long entry at some point this week *maybe. 7/1 expiry otm call on radar.
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
www.tradingview.com
Bershire hathway going away.....Very clean head and shoulders breakdown....details on chart....
NYSE:BRK.B
Berkshire Hathaway - LongBerkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States.
This stock is testing an important zone. It is expected to reverse after testing this zone.
