1. Technical Signals & Trend Context
Timeframes: Weekly (1W) / Monthly (1M)
Price Pattern: Ascending Triangle
Status: Confirmed Breakout
On higher timeframes, BRK.A has just completed a period of extremely tight price compression beneath the flat resistance level at $743,000. The supporting uptrend line has proven highly effective, consistently establishing higher lows.
Latest Update: The price has officially broken above the upper boundary of the Ascending Triangle, driven by overwhelming buying pressure. Breaking out of such a major consolidation pattern on the weekly chart confirms that the bulls have fully regained control, paving the way for the next super-cycle of growth.
2. Trading Plan & Target Milestones
Entry Zone:
Enter a partial position at the current price level following the breakout.
Alternatively, place a limit buy order for a retest of the former triangle peak (now acting as new support) around the $740,000 – $743,000 range.
Stop Loss: $710,000 (Strict stop-loss if the price reverses sharply and closes below the triangle's lower support band).
Take Profit Targets:
TP 1: $775,000 (Retest of the previous all-time high).
TP 2: $850,000 (Medium-term psychological resistance level).
Max TP (Long-term target): $1,000,000
Note: Based on the "Measured Move" projection of the ascending triangle pattern—combined with significant capital inflows from the corporation's record cash reserves—a long-term target of $1 million per share is entirely feasible within this growth cycle.
3. Risk Management
Recommendation: This is a long-term position trading strategy. Given that BRK.A is among the most expensive stocks in the world—with absolute price fluctuations in USD being substantial—investors should prioritize strict capital size management and avoid excessive leverage to withstand market volatility.
Timeframes: Weekly (1W) / Monthly (1M)
Price Pattern: Ascending Triangle
Status: Confirmed Breakout
On higher timeframes, BRK.A has just completed a period of extremely tight price compression beneath the flat resistance level at $743,000. The supporting uptrend line has proven highly effective, consistently establishing higher lows.
Latest Update: The price has officially broken above the upper boundary of the Ascending Triangle, driven by overwhelming buying pressure. Breaking out of such a major consolidation pattern on the weekly chart confirms that the bulls have fully regained control, paving the way for the next super-cycle of growth.
2. Trading Plan & Target Milestones
Entry Zone:
Enter a partial position at the current price level following the breakout.
Alternatively, place a limit buy order for a retest of the former triangle peak (now acting as new support) around the $740,000 – $743,000 range.
Stop Loss: $710,000 (Strict stop-loss if the price reverses sharply and closes below the triangle's lower support band).
Take Profit Targets:
TP 1: $775,000 (Retest of the previous all-time high).
TP 2: $850,000 (Medium-term psychological resistance level).
Max TP (Long-term target): $1,000,000
Note: Based on the "Measured Move" projection of the ascending triangle pattern—combined with significant capital inflows from the corporation's record cash reserves—a long-term target of $1 million per share is entirely feasible within this growth cycle.
3. Risk Management
Recommendation: This is a long-term position trading strategy. Given that BRK.A is among the most expensive stocks in the world—with absolute price fluctuations in USD being substantial—investors should prioritize strict capital size management and avoid excessive leverage to withstand market volatility.
Trade active
My trade is active, and I have managed my capital.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.