BRKA trade ideas
im out, after 2 years of this, i'd rather be in cashnot feeling this long, held it for 2 yrs, I would call it a scratch/loss
Protecting Your Mutual Fund Income At Age 70-Berkshire HathawayBasic Trading Techniques Explained (For This Example I Charted-Berkshire Hathaway)
To those of you who follow my published charts, thank you. I have not been writing for quite some time. This is because in September of 2018 I became very ill. I had a severe infection that caused me to have Bell’s palsy. This affected my equilibrium and sight; I was bed-ridden for 7 months and virtually blind. I am slowly getting better.
For those of you in wealth management mutual funds I have chosen to show you-BRK.B-(Berkshire-Hathaway). If you are young, in your 20’s or 30’s, I feel-BRK.B is an excellent choice. If you are in your 60’s or 70’s, I feel differently. If you need the income, I feel a 2.9% or 3.0% FDIC insured bank CD is a very wise choice. Why? The P/E-multiple of the-S&P 500-is 22 times earnings. This is very high by any historical standard. I believe stocks are extremely over-priced and will fall.
I believe BRK.B-is a fund about to go down. I have prepared this tutorial for you for two reasons: to keep you from losing money in a weak position, and to allow you to set up a chart of your own. Then, when you see a "hot tip" on TV, you can determine if the financial asset is worth YOUR MONEY.
1. Establish the direction of the trend. An effective way to do this is to use a 150 to 180 point regression line. This can be weekly, daily hourly (any time duration you wish to trade). Nevertheless, a 15-minute chart is not nearly as strong as a daily or weekly period. You can base the regression line on the close, but I like open, high, low, close divided by four.
2. Use a price channel, two if possible. Most trending stocks repeat within a channel. I like a 20-day channel, and I have found that if a 20-day channel is violated on the low side, this triggers “sell stops” from traders. The next channel is a 50 day. If this fails on the low side, the established trend may reverse.
3. Ichimoku Cloud. This is a great indicator and I recommend that you use it. The cloud is red-this is a caution sign.
4. Mean reversion. If you study financial instruments, in this case stocks, they tend to oscillate up and down around the “mean”, or the regression trendline. If a stock is at the upper band of a 20-day price channel, do not chase it, because it is likely to “revert to the mean”. Better yet, if you have an up-trending stock, let it fall (at least) to the lower band of the 20 day price channel. Why? Because the price will tend to “revert to the mean”.
5. ADX. The ADX is a green line, red line, and black line. If the green line is on top, the trend is up. If the red line is on top, the trend is down. The black line indicates the strength of the trend. For example, if the black line is rising, the trend (up or down) is getting stronger. Always use some form of trend quality indicator. Another such “trend quality” indicator is “Aroon”.
6. RSI or Stochastics RSI. These indicators will guide you in the “mean reversion” you plot. For example, the RSI at 80 will tell you that what you are plotting is “over-bought”. Caution: an RSI indicator, in something that is “breaking out to the upside”, can remain over-bought for long periods. You should use some of your other indicators, such as the “Awesome Oscillator”, to guide you on trend reversal. The "AO" is a series of green and red horizontal bars that show you strength and weakness in a stock.
7. The Choppiness Index (CHOP) is an indicator designed to determine if the market is choppy (trading sideways) or not choppy (trading within a trend in either direction). CHOP is not meant to predict future market direction; it is an indicator to be used to for defining the stock’s trendiness only. Higher values equal more choppiness, while lower values indicate directional trending. This is used with….chop zone.
8. I use a chop zone indicator that is green for up-trend, red for downtrend, and white for no trend. If you combine this color-coded format with #7 above (choppiness), a green color with a “chop” indicator line that is falling would indicate a strong trend. If the chop line breaks below the lower band, this indicates a statistically significant event (up for green, or down for red). This will tell you that the trend is very strong.
I hope these trading tips help you.
May all of your trades go well. Don.
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.
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 ..
