BRKB trade ideas
BRK : I think it could go down to 141 Dollar or more than BRK : think it still go down because the stock chart show that it could still go down to 141Dollar also recently Berkshire Hathaway Q1 income statement came out not quit good. Also I think that Q2 income statement also will come out not good too because of Covid19 it affect every companies My recommend is = just wait until Q2 come out .
BERKSHIRE HATHAWAY INCthe price is heading towards 294550 provided that the price does not break the white line downwards
if the price breaks the yellow trend line forcefully, there is a high probability that the price will move towards 309130
if the price breaks the white line down, the price will fetch 27319
BRK.B - Going downHello 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.
BRK B, ARE WE GOING TO INVEST OR SPECULATE?(More in description)Hi, traders.
My name is Lukas and I am a beginner in trading, respectively, I only trade 6 months. But that means I have to do the necessary analyzes without it I can't trade. I want to show you how I work on myself and document my beginnings. I use Vix and my strategy is built on to return to average. I highlight the important support levels and resistances that flow from the volume profile, all drawn on graph. These zones determine the ability to respond in some way to the market from 1 to 3, with 1 being the largest.
Short description of analysis:
We're probably waking up to the next sucking Monday. At such times, technical analyzes are unnecessary. You ask why? because of sentiment and panic in the market. You can see this in my previous analyzes. That is why I have decided to focus on investing in BRK B. I have written many times in analyzes that we need to focus on a long period of time because the market panic is high. VIX shows us the values almost as we experienced in 2008. What is unbelievable as we look at how dangerous COVID-19 is (I don't take anything lightly), but the panic associated with COVID-19 is not relevant. Furthermore, the effects of the panic, the cooling of the economy are already felt, but we do not yet have Q1 results, while the expectations are very negative. That is, in the short term, with full seriousness short (if you have a large account where you can afford such speculation - there are potentially nice profits). In case you don't have a lot of experience opt for investment (make your own rules how much you are willing to invest - never go ALL IN !, break your investments into the zones where you buy) persistent and responsible. Of course, my analysis does not serve like market forecasts and I am not responsible for your trades if you use my analysis for your own trades.
For recession winners, look at cash-rich companies with low debtBerkshire Hathaway is famous for sitting on a huge pile of cash. In fact, Morgan Stanley complained just last year that Berkshire hadn't been "aggressive" enough with its cash. Well, now Berkshire's cash pile is looking pretty good as the market heads into a major downturn and buyers have lots of opportunity to snatch up assets on the cheap.
In addition to Berkshire, other cash-rich companies with low debt include Alibaba, Baidu, Alphabet, Cisco, and Facebook. These companies have additional tailwinds from the fact that they're heavily involved in ecommerce and the digital space. Facebook use may increase as people spend time at home, and Cisco offers products for remote workers. Expect these giants to initiate share buybacks or mergers and acquisitions as the market finds a bottom later this year.
Berkshire Hathaway entries looking amazing!! BRK.B 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 money, as there seemed to be no way that markets would enter bear territory any time soon.
However, what many considered impossible has happened, and both the S&P 500 Index and the Dow are trading more than 20% below their recent highs, according to Bloomberg data. This has improved the prospects for a large acquisition, and successfully completing one could be a catalyst that drives the share price of the conglomerate higher.
So lets get straight to the fun stuff!!
Before entering a trade three types of analysis should be performed.
Fundamental Analysis = The study of financial statements and economic news. (Overall Trend)
Technical Analysis = The study of chart history. (Entry & Exit Strategies)
Sentimental Analysis = The study of the markets current psychology and traders psychology.(Instinct)
After performing the three analysis below are my results:
NYSE:BRK.B
Fundamental Analysis = LONG-TERM (BUYING)
Technical Analysis = SHORT-TERM (SELLING)
Sentimental Analysis = Market fears currently higher than confidence.
To better explain:
This means that right now momentum is headed downwards technically but the overall trend is up fundamentally.
So since we know the overall trend is upwards but we are currently headed downwards it creates the perfect timing to use our Fibonacci Retracement tool. A tool that is used to find important entry and exit levels in a trending market. Which is traditionally applied to the low & high of a trend. Here were my results:
As you can see in the chart above we have already retraced with a spike below the 38.2% level at $190.02. Markets are still showing downwards momentum that is headed towards the 50% level - 61.8% level.
MY SUGGESTION:
Place LONG orders totaling anywhere from 1-5% of your total trading capital on each retracement level below:
23.6% = $205.81 (BUY)
38.2% = $190.02 (BUY)
50.0% = $177.26 (Great trade opportunity) (BUY)
61.8% = $164.50 (What I consider the PERFECT IDEAL TRADE) (BUY)
78.6% = $146.34 (ABSOLUTE BARGAIN!!) (BUY)
Take profit: $231.61 at the previous ATH . (All Time High) Be patient and trust the process. This monster of a stock will most definitely return to break more records in the upcoming months when the continuation wave arrives and aligns with the fundamentals.
If you enjoy these quick signals/tips make sure to FOLLOW ME & show support by leaving a LIKE!!
BERKSHIRE HATHAWAY(BRK.B) | Long-term Investment "Plan".Hi,
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 publicly traded companies, but more recently he has more frequently bought whole companies. Berkshire now owns a diverse range of businesses including confectionery, retail, railroads, home furnishings, encyclopedias, manufacturers of vacuum cleaners, jewelry sales, newspaper publishing, manufacture and distribution of uniforms, and several regional electric and gas utilities.
According to the Forbes Global 2000 list and formula, Berkshire Hathaway is the third-largest public company in the world, the tenth-largest conglomerate by revenue and the largest financial services company by revenue in the world.
As of February 2019, Berkshire is the fifth-largest company in the S&P 500 Index by market capitalization and is famous for having the most expensive share price in history with Class A shares costing around $300,000 each. This is because there has never been a stock split in its Class A shares and Buffett stated in a 1984 letter to shareholders that he does not intend to split the stock.
One of the strongest companies in the world has started to reach good buy zones, technically. Yes, those kinds of market situations are scary but remind yourself of your long-term investment strategies! Firstly, do you like sales? Yes, you like sales, then you have to buy when the streets are bloody. It could be risky, actually, it IS risky but still, you have to have a plan!
At the moment, I have a plan with Berkshire and it consists of two areas 150-160(1), 110-120(2):
1) Probably, I start to add my positions around $150. There are pretty good criteria which all should act as support levels - different Fibonacci retracement levels, Monthly EMA100, the mid-number itself $150, previously worked support and resistance levels. It should be strong enough for buying a bit for long-term bias in mind.
Now it depends on the market, what does it start to show us. If it doesn't show anything, panic continues and Berkshire stock price starts to fall lower, below my first support area, then I don't want to panic sell my shares, I act as Peter Lynch:
2) “If you can’t convince yourself “When I’m down 25 percent, I’m a buyer” and banish forever the fatal thought “When I’m down 25 percent, I’m a seller,” then you’ll never make a decent profit in stocks!”
So, I have a long-term vision and investment plan, my research about Berkshire is strong, then those sales are just great opportunities to buy it from lower prices (those purchases have to be technically good!!). As he has said, if the price drops 25% from your initial prices then you are a buyer, not a seller, keep in mind!
...and luckily, exactly 25% (obviously, it doesn't have to exactly 25 percent but hopefully you get that point!) down from my first buying area is another strong support level - Monthly EMA200, long-term Fibonacci retracement 62%, 50% drop from the all-time high, previously worked support and resistance level AND if the SP500 drops to where I see it goes (1500-1700) then it would be a massive criterion for my lower buying zone for Berkshire, ALL IN!! :D
"Why can't I wait for this lower buying zone right now?" Yes, you can! ;)
As said, do your own fundamental research and if this matching with my technical analysis viewpoints then you are ready to go! If it doesn't match then...SKIP IT!!
Regards,
Vaido