Hi, today we are going to talk about Berkshire Hathaway and its current landscape.
Berkshire Hathaway, we have the breakout of a symmetrical triangle followed by an accumulation bellow the Uptrend Line which shows us the weakness of the bulls and an energy build-up of the Bears, that is going to look to the next support target in the following days.
the handler loves to CHURN and shake the weak both long and shorts get hammered
most especially with high leverage at 50s and 100s
for the 5x to 3x folks.. just Positon size as series of happenings and conversions are penting up demand
The Megalodon indicator has triggered a buy sign for the real estate giant!
The Megalodon indicator uses an artificial intelligence, combined with data from over 500 buy setups, and over 2000 indicators to produce extremely accurate buy signals on any and all asset classes!
BRK.B - Berkshire Hathaway aka Baby Berk
I've been a long time fan of Warren Buffett's strategies and mentalities. While this is not a dividend play, the entry under 200.00 is very comfortable for the long term. I picked up my shares at 199.99 (under 200, I wasn't kidding :laughing:)
CODI - Compass Diversified Holdings
CODI acts very similar to Berkshire Hathaway in how they pick and manage companies. This has been on my radar since high $17 range in late 2017. I'm really comfortable with this entry although I wished I could've picked them up earlier. I am, however, comfortable with my entry at 15.55 (500 shares) since we are back above major...
The incredibly accurate Megalodon indicator just gave us a buy signal signifying that $BRK.B is good bet come market open! If you want to know how to use this indicator for yourself, send me a message!
Tim Cook discussed that China is 100% of the decline, but that is a big issue! Samsung went from the leader in China to disappearing. So this is a big issue. Also, why is Buffett investing again in tech?
As you can see from the monthly cart, Berkshires growth is steady and consistent, this is probably because they are owned by in my opinion 1 of the worlds best ever investors... Warren Buffett.... if you don't know who he is then you clearly should not be investing.
We are long on this position with no real TP as this is a long term investment, but obviously we...
Good 'ol Berkshire Hathaway Class A shares.
Looks like BRK.A is at a potential reversal zone, and this could be a good chance to either a) Short until desired targets or b) Wait for support and signs of reversal at the 23.6%, 38.2% or 50%. If we do indeed reverse at this zone, this will be our wave 4 correction yielding an extended wave 5 afterward.