MikeMM

BRK.B has many more years of growing stock price

Long
MikeMM Updated   
NYSE:BRK.B   Berkshire Hathaway Inc. New
Apple will likely be the catalyst on June 5th, with a similar move to Nvidia.

Aside from apple, I have taken the opportunity to look at the top holdings of Berkshire Hathaway from a technical standpoint. (why bother business standpoint, buffet already did that)

From what I see, the top 10 holdings are all at points where you could expect their corrections to be over, or over shortly. When they start moving up again, they will supplement the Apple pump.

BRK loves to form these megaphone patterns and then break out.

I have highlighted the RSI where it feels the same as many years ago. The price action has acted very similar as well.

Will this be the best preforming asset in the market? Fuck no.

But this is the savings account.

Once in awhile you pull some money from BRK and buy an asset that you may hold for a few hours, days, weeks or months, But then you always come back to BRK.

Speculation is for becoming rich, and BRK is for staying rich.

Comment:
As for entry and stop loss (if you really need one for a stock that's almost never going to lose you money long term)

Then stop out below the orange line, and entry... now.
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