*Note #BRK does own Barrick Gold #ABX Very interesting chart pattern 25 years in the making The close of September should mark a confirmed breakout, of Warren Buffet's famous holding company, against Gold on a quarterly basis. More evidence of a Melt Up in paper assets? And the continuation of the Bull market in the "roaring 20's" If this is a continuation...
The price established itself on a strong demand zone and seems like its going to make some gains up to $543,000 area. Upon reaching that area the price might break through the supply zone, in which case we can expect a rally to the last high of $566,000. Or else, the trend will reverse back to its current point.
Stalling on weekly resistance. Next stop 320k after retest of quarterly support at 408k? NYSE:BRK.A
Looking at the H4 chart, my overall bias for BRK.A is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy entry at 480527.01, where the previous high is. Stop loss will be at 445251.00, where the recent swing low is. Take profit will be at 541960.00, where the previous swing high is. Any opinions, news,...
Berkshire Hathaway Inc. (BRK.A) made a new ~5 month High yesterday, spearheading the bullish reversal of high cap stocks at the moment. The price is above the 1D MA200 (orange trend-line) and well above the 1D MA100 (green trend-line) and 1D MA50 (blue trend-line), the latter two are about to make a Bullish Cross. This draws comparisons with the previous 'Strong...
Massive zigzag at play, pivot confirmed and what looks like an impulse straight down - highly suggestive of the expected C Wave. Down we go. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where...
Berkshire Hathaway BRKA Elliott Wave long term wave count. Bearish outlook.
I remember when I read an article about Warren Buffet sitting on 128 billion dollars cash at the end of 2019, I asked myself: What is about to happen? The pandemic-related crash happened in the following 2 months! Now, he is sitting on a bigger amount of cash. According to Bloomberg, he is sitting on 149.2 Billion Dollars in the era of the highest inflation rate...
I would like to start this forecast with this Peter Lynch quote: “In this business, if you’re good, you’re right six times out of ten. You’re never going to be right nine times out of ten.” It means, the best traders are never right all the time, they make losses too. Focus on getting more trades right than wrong and you’ll be considered successful. Having...
Well as you can see this chart I made in 2016 worked out very well better than anticipated in fact, people still wonder why Buffett is sitting on $150+Bn Cash! NYSE:BRK.B NYSE:BRK.A BCBA:BRKB CAPITALCOM:BRKB SP:SPX TVC:NDX CURRENCYCOM:US100 CURRENCYCOM:US30 NASDAQ:TLT AMEX:SPY NASDAQ:QQQ CRYPTOCAP:TOTAL FOREXCOM:SPXUSD OANDA:SPX500USD
VIX is running hot right now but I'm liking what I'm seeing here. On my watch list for Monday. Looking for strong support @ $246.80. Keep an eye on bank stocks -- if they tank hard, BRK.B will follow.
This is going to be different this from my other posts, are gonna be more unbiased and diving deeper into AAPL. As you can see from the arrows, it showed when the stock broke out of either downward wedge pattern or consolidation or continuation pattern. Both of these are considered bullish with the continuation cases like AMZN consolidating then broke off and also...
Berkshire Hathaway has long been a leader for the S&P, but it currently looks like the conglomerate is heading into a rough period of time. The Daily 200 SMA in pink has rolled over bearish, and the key Weekly support level for the past 2-3 years has been breached to the downside. Being one of the top 10 holdings in the S&P index, if this downtrend continues...
💰 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...
Not that I would buy the airlines here, but this looks like the best sell of the bunch. There are no technical indicators that are bullish, and its got plenty of drop space.
At over 19x forward earnings it would appear BRK.b stock isn't exactly cheap right now. In fact, a fair valuation model (DCF) suggests it could be valued at this price by year end 2020 based on long term earnings growth estimates of 7%. Looking at earnings estimates for 2019 gives projections for 10.40 EPS. A long term average market multiple of 17x suggests ...