Berkshire’s Lower HighsBerkshire Hathaway has lagged as the broader market hits new highs. Is the financial giant stalling?
The first pattern on today’s chart is the series of lower highs since early May. Those may suggest its long-term uptrend is fading.
Second is the pair of large solid candles on October 10 and Octob
1,350 ARS
81.49 T ARS
340.11 T ARS
About Berkshire Hathaway Inc.
Sector
Industry
CEO
Warren Edward Buffett
Website
Headquarters
Omaha
Founded
1839
ISIN
ARBCOM4603L1
FIGI
BBG00ZL7CTL3
Berkshire Hathaway, Inc. is a holding company, which engages in the provision of property and casualty insurance and reinsurance, utilities and energy, freight rail transportation, finance, manufacturing, and retailing services. It operates through the following segments: Insurance, Burlington Northern Santa Fe, LLC (BNSF), Berkshire Hathaway Energy (BHE), Pilot Travel Centers (PTC), Manufacturing, McLane, and Service and Retailing. The Insurance segment includes the underwriting of GEICO, Berkshire Hathaway Primary Group, and Berkshire Hathaway Reinsurance Group. The BNSF segment involves the operation of railroad systems. The BHE segment focuses on regulated electric and gas utility, power generation and distribution, and real estate brokerage activities. The PTC segment consists of managing travel centers and marketing of wholesale fuel. The Manufacturing segment refers to industrial, consumer and building products, home building, and related financial services. The McLane segment covers the wholesale distribution of groceries and non-food items. The Service and Retailing segment relates to the provision of shared aircraft ownership programs, aviation pilot training, electronic components distribution, retailing businesses, automobile dealerships and trailer, and furniture leasing services. The company was founded by Oliver Chace in 1839 and is headquartered in Omaha, NE.
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BRK.B - Back to former glory=======
Volume
=======
-neutral
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Price Action
==========
- falling wedge
- Weak selling pressure
- broken out of 2.5 years downtrend line
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Technical Indicators
=================
- Ichimoku
>>> price above cloud and rebounded from green kumo
>>> Green kumo budding
>>> Ten
Berkshire Hathaway: Clear Wave Structure Offering More GainsWhen I scan through charts, whether it’s stocks, currencies, or commodities, I want to focus on something that has a clear wave structure. Patterns like this allow me to read price action with more confidence, without needing to guess or force an opinion. Berkshire Hathaway is one of those charts ri
Berkshire Hathaway (Class B) TANYSE:BRK.B — Daily
Set-up: After a 4-month downtrend, price based at $455.19 on increased volume. Since then, an 8-wave EWT fractal has played out and price has coiled into an ending/contracting triangle.
Evidence
Trend exhaustion signals: CCI pushed outside its Bollinger band on 5 Jun and 4 Aug
Berkshire Hathaway Inc(NYSE) (W)- Renewed institutional interestBias : Currently bullish on the weekly timeframe as long as price sustains above $504.73 with volume support. A breakout above $534.68 would confirm strength toward $564–595 zones.
Potential Scenarios
Bullish Case
If price holds above $504.73, next upside targets are:
$534.68 → strong resistance
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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Maturity date
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