Expanding Megaphone on Berkshire Hathaway
-The main structure we are observing right now is an expanding megaphone
-Currently, the price is above a major resistance zone (previous ATH)
-IF the price breaks above the last ATH, we expect a bullish movement towards the higher trendline of the megaphone
-The secondary structure we are observing is the Ascending...
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BRK.A (DJI) - Be carefull for retracement
Absolutely stunning chart. Elon Musk's Tesla is now worth more than the legendary Berkshire Hathaway holding company run by Warren Buffet.
From a pure cashflow perspective, this might not make sense... but from a growth story perspective, maybe there's some logic here? Thoughts?
Picture perfect chart here.
Only 4% between following key levels:
- Support line has been tested 5 times & now coinciding with 50 dma
- Resistance line has been tested 2 times & has been coinciding with 200 dma
Daily RSI convergence confirming price action
While in the middle of those support / resistance lines, 2 major dma's, we are also stuck between the 50 &...
BRK is trading within a Channel Up on the 1D chart (overbought RSI = 75.715, MACD = 9999.000, ADX = 38.918), since the late March bottom. The price is pulling back slowly off the Higher High trend-line of the Channel Up, with both the MACD and RSI, waving bearish flags. The most optimal buy entry has been below the 1D MA50, so we advise long-term investors to...
💰 LET'S GET INTO SOME BERKSHIRE HATHAWAY ANALYSIS!💰
1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤
(Overall Market Sentiment) 🐻 Bearish
- Daily Chart
- Red Engulfing Candle
- 3/3 EMA DOTS Red
It looks to me that berkshire will continue down to test the upward channel support. Look for all indicators to shift on support...
Meme stock and overrated, past its prime. This is a 3 month log form chart such that each candle represents 1 quarter.
Price popping out of this multi year wedge was a bull trap - lots of bulls trapped in there. Channel support is target.
I can't afford to short this, but I want this on the record.
Hello everyone, we are currently in a financial crysis so given the fact how much the previous crysis were for around 1.5-2 years, around March-May we should expect the price to be at around 100$ and then rise back up. Right now we will most likely see some retracement, but it won't be for long.
Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha.
The company is known for its control and leadership by Warren Buffett, who serves as chairman and chief executive, and Charlie Munger, the company's vice-chairman. In the early part of his career at Berkshire, Buffett focused on long-term investments in...
BRK.A seems that broke out the previous resistance zone on the weekly chart after a period of accumulation and possibly will repeat at least the previous high leg.
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Best regards, Sandro and Gustavo.