Berkshire Hathaway stock has been moving to higher grounds as expected and mentioned in my last stock technical analysis update. As expected the strong demand imbalance created at $175 per share has played out very nicely. Berkshire Hathaway stock price has been moving much higher managing to break all-time high again. Warren Buffet and most of his clients must be very happy people again.
As explained in a previous forecast for Berkshire Hathaway, we expected the stock to rally strongly from $176 per share and so it did. The all-time high has been broken and created another strong imbalance around $209 per share. Will Berkshire Hathaway stock price drop down there? We will see. Given the bullish strength of all US indexes, It might continue to rally much higher creating new imbalances.
As explained in a previous forecast for Berkshire Hathaway, we expected the stock to rally strongly from $176 per share and so it did. The all-time high has been broken and created another strong imbalance around $209 per share. Will Berkshire Hathaway stock price drop down there? We will see. Given the bullish strength of all US indexes, It might continue to rally much higher creating new imbalances.