Hello Community,
welcome to my new analysis of BERKSHIRE from a weekly timeframe perspective. The stock market in recent times is determining interesting setups which can lead to strong opportunities along the line. One of them is BERKSHIRE. The stock is forming a solid setup with great potential for completion. I have detected all the important factors to consider with BERKSHIRE next.
When looking at my chart, we can see how BERKSHIRE is moving within this continuous uptrend. It has a pivotal support within the ascending trendline, which it has already bounced several times previously. Now, it bounced within the 100-EMA marked in blue and at this point also completed the wave count in the bull-flag formation.
This setup offers a strong incentive for BERKSHIRE to complete the bull-flag formation in the upcoming times. This will happen through a breakout above the upper boundary and set up for the next bullish wave. The final target zone is as marked in my chart. Once the target zone has been reached and BERKSHIRE continues with bullish momentum, higher targets are also possible.
In this manner, thank you a lot for watching!
The support is highly appreciated.
VP
welcome to my new analysis of BERKSHIRE from a weekly timeframe perspective. The stock market in recent times is determining interesting setups which can lead to strong opportunities along the line. One of them is BERKSHIRE. The stock is forming a solid setup with great potential for completion. I have detected all the important factors to consider with BERKSHIRE next.
When looking at my chart, we can see how BERKSHIRE is moving within this continuous uptrend. It has a pivotal support within the ascending trendline, which it has already bounced several times previously. Now, it bounced within the 100-EMA marked in blue and at this point also completed the wave count in the bull-flag formation.
This setup offers a strong incentive for BERKSHIRE to complete the bull-flag formation in the upcoming times. This will happen through a breakout above the upper boundary and set up for the next bullish wave. The final target zone is as marked in my chart. Once the target zone has been reached and BERKSHIRE continues with bullish momentum, higher targets are also possible.
In this manner, thank you a lot for watching!
The support is highly appreciated.
VP
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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.
►✅JOIN THE BEST+ TOP TELEGRAM TRADING CHANNEL: t.me/VincePrinceForexGoldStocks
►🚀Join Premium Channels: bit.ly/4bUD8N8
►🔥JOIN BYBIT TOP EXCHANGE►🎁 UP TO $30,000 BONUS NOW: partner.bybit.com/b/VinceByBit
►🚀Join Premium Channels: bit.ly/4bUD8N8
►🔥JOIN BYBIT TOP EXCHANGE►🎁 UP TO $30,000 BONUS NOW: partner.bybit.com/b/VinceByBit
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.