InTheMoney Stocks
Short

Warren Buffet Head And Shoulders: An Ugly Signal For The Oracle

BATS:BRK.B   BERKSHIRE HATHAWAY INC DEL
165 0 0
Berkshire Hathaway Inc. $BRK.B, Warren Buffet's company has an ugly head and shoulder pattern forming on the daily chart . Considering this company owns a little of everything, it is a very ominous sign for the global economy. Head and shoulder patterns are bearish patterns, predicting steep drops. The key break down level on Berkshire Hathaway is $111.00. If it takes out that level to the downside, $102.00 would be the next stop. Please note the chart below.

Chart with H&S pattern here: http://www.inthemoneystocks.com/rant-and-rave-blog/item/102077-warren-buffet-head-and-shoulders-an-ugly-signal-for-the-oracle

Gareth Soloway
Chief Market Strategist
www.InTheMoneyStocks.com
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out