berkshire

Even Buffett himself is not going to tell you that his company is immuned to the trials and tribulations of the market cycle. Because it is not.

/// ->Yes the great body benefited (immediately) with the election of the new president of the USA (mister TRUMP) is the sector dedicated to insurers // an example of this we can clearly see the graphs of Berkshire Hathaway (/ > Our friend;) Warren Buffett) /:)/

On this moment we are in support zone. This should be nice opportunity to go long in that stock. Resistance is somewhere around 150.50$. Stop Loss should be set below 142.50$. This will be nice swing :)

BRK.B has followed the market higher since Feb 11th, I am setting alerts early. We will see if the market correction since the beginning of 2016 was only a dip to be bought, or an early warning sign of a bearish trend unfolding in the months to come. Similar health checks can be done with SPY:IWM, COPX, FDX, TLT, HYG, FXY, UVXY.......

Entry point at 78,6% Fibo of XC SL little above X (in fact a strong breakout at the resistance line could be a signal for closing this position) TP at 61,8% Fibo of CD leg or even lower, because this is a trend following Cypher Pattern