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. Thank you...
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
Classic Bollinger Band 3 pushes to a high with a broken Parabola for a projected 80% decline.
NYSE:BRK.B Berkshire Hathaway Inc (Warren Buffet) Stock - NYSE (USA) Profit:Risk = 1.65:1 --- Sell = $209.36 Take Profit = $205.92 Stop Loss = $211.44 ------ Take Profit = +1.64% Stop Loss = -0.99%
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!
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...
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:)
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? www.youtube.com
There is a successfully broken falling wedge on BRK.B and right now it is consolidating in a little triangle. Trade is not active yet. I will wait a daily close on the triangle.
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. According...
BRK.A appears to have completed the 5 wave elliott wave structure and is showing signs of downward movement. It seems to be creating a 5 wave structure downwards, which would be the A wave of the corrective cycle. Wave 3 is currently in progress and I would anticipate some consolidation around the trend line to confirm the 3rd wave continuation to the negative fib...
I think BRK.A is due for a major correction along with the S&P index in general. Here is my Elliot Wave prediction for BRK.A
Berkshire Hathaway (BRK.B) 29-June-2017 Resistance at 176-180 Support zone at 162-165 Trend = Upward Higher Highs and Higher Lows
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.