Short term view - BERKSHIRE HATHAWAY INC-CL B : Prices are breaking below the moving average, it is a sign of weakn...
The support has been broken, the trend becomes negative as we now have a succession of descending peaks and troughs.The next target is at $180.50. The invalidation level is above $196.56.Arguments :
- The support has been breached.
- The major resistance has been reached, it causes the fall.
- Prices are breaking below the moving average, it is a sign of weakness.
Berkshire Hathaway is a holding company. Co.'s subsidiaries are engaged in several business activities which include: underwriting private passenger automobile insurance; operation of a railroad system in North America; regulated electric and gas utility; manufacturing of products including industrial, consumer and building products; wholesale distribution of groceries and non-food items; provider of services including aviation pilot training, electronic components distribution and retailing businesses, including automotive dealerships; and manufactured housing and related consumer financing, transportation equipment, manufacturing and leasing, and furniture leasing.
DayByDay is an independent research company providing global macro and single stock analysis, recommendation and allocation based purely on behavioural finance methods. Those include long term cycle analysis, sentiment analysis, and technical trigger. DayByDay serves all clients in need of practical and precise publications to make effective market decisions, on any time horizon, from a few hours to a few years.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.