BRKB trade ideas
Is wave (5) close to completion?maybe another modest push towards $285362, where wave (5) travels 0.618 times the total distance from point 0 to the end of wave (3)
Berkshire part 2So looking at Elliot Wave looks like we are near the top of 5 or probably at the top of 5 and since are entering the 4th quarter of the year It may be that we start seeing corrections to this long ride up. Assuming our wave count is correct we could see a drop down to $120 per sure of possible over by the end of the correction.
Berkshire Hathaway B Looks like we are consolidating right now and we could see a retrace down back to $178 from $183. This is a stock Im in via the Stash app so I plan on potentially selling at this level and re-entering around the 50% re-tracement
BRK.A Berkshire TA I think BRK.A is due for a major correction along with the S&P index in general. Here is my Elliot Wave prediction for BRK.A
BRK.B upward trend continues 4-Sept-2017 (Daily)BRK.B upward trend continues (Daily)
Entry Date: 30-Aug-2017
ATR: 2
Entry : 180
Stop : 176
N1 : 182
N2 : 184
BERKSHIRE HATHAWAY INC. Share correction...BERKSHIRE HATHAWAY INC. Share correction. According to our strategy, BRK.A shares are in place before correction. The size of the correction can be around -15%. If our assumption is correct, the exchange rate will drop close to 229722. From there, it will rise again.
WHY SHOULD WE GO LONG FOR BERKSHIREThe weekly closing is at highest high of whole periods. Volume and strength indicators are confirming the possible highest highs in near future.
Berkshire Hathaway -B to 200$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.
