SU SUNCOR is oversold, and I'm using 3 indicators to confirm that. The reasons why I bought now: Warren Buffett added SU George Sorros added SU and lastly, because it is oversold. It is also a common consensus that this company will flourish if JB wins the US election. Happy trading and hit like if you found this useful and helpful. Thanks, E
WB's loser stock is performing this year. Hell, it even broke a downtrend by making a HH. It is resting at support atm with MA below it. With restaurants and businesses starting to open, their sales should also increase in that segment. The home segment is also buying more than before so there should be a good case for a profitable Q. I would start building...
First of all, please support our work by smashing that like button or following! These really help us to reach more traders like you BERKSHIRE HATHAWAY has high probabilily of going down to 180.3
As long as NYSE:BRK.B doesn't close in an upcoming week above around the 196 , I think there wouldn't be a reason to assume it would go considerably up and really recover . If it does close in an upcoming week above the 196 significantly It would confirm a considerable bullish move. I have illustrated some of the potential scenarios in the chart .
RSI over 72 (bearish) MACD: Repeating pattern from April 29 SMI Rolling over at 1 month highs Would not be surprised if it dropped back into the lower gap or bounce off of it before testing upper gap. I don see a lot of reward for airlines at this level. Will most likely wait for entry in the 30's.
The Fed is printing money like crazy and while the job market is posting 30 million jobless claims the mkt is going up. That means that the feedback loop between the real economy and the mkt is broken and that the central bank is indirectly buying the mkt by junk bond purchases. To hell with fundamentals If the mkt is not falling now it won't fall at all Long!!!!!!
US30 is due another crash. Airline companies laying off thousands of workers and Warren Buffet getting rid of all his Airline positions is a sign for the BEARS!
Charts tell all. If we confirm a close below this monthly TL we will Plummet. Bearish FA. Fed has spent all their funds buying bonds and etf's. Warren Buffet has told us over the weekend he sold last week. Need to say more?
The fundamentals are taking a break and the bears are undecided WHEN to act so they will not be squeezed. Thank you Warren Buffett! FX:SPX500
Lately, I have been feeling quite greedy because I see fear across all markets. I stand by what Warren has to say about the markets. Ask yourself "if 70% of people are bearish for a great depression 2.0 will it happen yet?" Ask yourself "Do I feel fear or greed when others are fearful?" I bet he's buying entire companies right now and you guys are panic...
Recently Warren Buffet Company, Berkshire Hathaway invested in Delta Airline, Delta Airline has been dropped and stand at where it was stand in 2014 & this is the best long investment.
Hey traders, here is another great opportunity to purchase a great company with record high cash balances. Current cash balance = $125 Billion USD For more than a year, markets were perplexed by the abnormal cash balance of Berkshire Hathaway Inc. NYSE:BRK.A NYSE:BRK.B and whether Buffett would ever get a chance to complete a large acquisition with that...
My last publish from yesterday analyzed a bull flag on the 1 hour chart - it broke out last night. This chart is the 4 hour, but as you can see, that long-term trend line dating back to December is creating issues for it rising any higher. I think this morning's non-farm payroll and then Powell's speech will determine if ES and SPY have enough gas in the tank to...
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...
Hi friends, It has been a long time I haven't updated KHC idea. Since that time price action printed several signs of bottoming process is taking place. I have shown them on the chart. As mentioned in previous idea the day price opened with 30% gap down a big buyer (could be Warren Buffet ;) ) showed up and absorbed all the panic selling. It was a first and...
American Airlines should have a nice swing here. Way oversold on the RSI and showing possible signs of a reversal. Have 16 shares at 28.26. Looking to sell in the $30 range and cutting my losses around $26.