BRKB Long Term Trendline BrokenWe should see some fresh lows in the coming few weeks or months. Look for a swing up and a violent turn down.
BRKB trade ideas
Sorry Warren, Your Berkshire Hathaway Structurally Looks BearishLets make a deal sir! If i was true about this, you will grant me a high salary job at your honorable hedge fund.
Look I was correct about your biggest pick, Apple.
click on it:
definitely not a financial advice for the herds but an advice to Warren himself
Regards:
The guy who can see through future
Neutral $BRK.B $319.78Neutral $BRK.B $319.78. BRK.B repeating the pattern from Nov 2020 and Mar 2021. Price action shows this time stock reached the target in shorter time span. Expect little more addition to stock price and then sideways trade action between $300 till $320 till next breakout pattern appears. Expect 20 SMA acting as support for this stock.
Berkshire ABerkshire Hathaway A -
trend that I am following currently-
same settings as the microsoft- chart I just recently posted-
just trend analyst for a future alpha trend that I am making to impliment to other currencies-
going to add algorithims to most my currencies if they do not have one already- I know bitcoin does- but not
sure about my other currencies- so I will be doing some research in the next few weeks- and making a new alpha trend- for atleast 3-5 of my currencies
I will add this custom made alpha trend to apply to the market- shortly.
BRK.B Targeting A Weekly TL TestIn this update we review the recent price action in Berkshire Hathaway and identify the next high probability trading opportunity and price objectives to target.
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Warren Buffett likes 50% RetracementsI was researching the holdings of AMEX:XLF to prepare for Sector Rotation into Financial which I think is due shortly and the top holding in that ETF is NYSE:BRK.B . While analyzing the chart I find that there were two distinct opportunities at major 50% Retracement Levels on 1/24/2022 and 2/24/2022. These are quite excellent holds of my key principle levels and a testament to the versatility of this one simple analysis.
BRK.B: for value, dividend & diversified investiors; good hedgeBerkshire Hathaway of Warren Buffet is well known for value-investing. In an environment where growth stocks already had a great run & now correcting, may BRK.B is a sound hedge for the moment. This ETF had financials like BAC, V, MA & the latest is a Brazilian Bank NU which are good hedges for rising interest rates. It had several utilities, consumer staples, retails & health stocks as defensive stocks. (Abbe, PG, KR, KO, MCD, transport stocks). Put AAPL, MSFT, SNOW & the latest ACTivision stock for a mix of technology.
Maybe it is because of this balanced portfolio that BRK.B was not much affected by recent crash.
However, the recent spike in ACTivision & NU stock pushed BRK.B to overshoot its MEGAPHONE pattern.
It the short term, it may come back down to retest the upper Megaphone or the uptrend line before resuming rally.
Normally a rising wedge usually breaks downward but this is less likely as there is a very strong horizontal support zone below.
Not trading advice
Fundamental and statistical analysis method - ExplainedHi All,
I have been asked by few in comments and personally to post fundamental analysis of few other companies in similar way as that of FB and PYPL (as per linked ideas). Since, I will not be able to take all the requests, I thought I will make a video explaining how to do it yourself :)
⬜ Following things are discussed in the video
🎲 Earnings
Not significant unless the gap is too much. Things to look for are:
If the recent earnings and revenue has met expectation/estimation
If the next earning/revenue estimates are higher/lower than current one.
Cyclical nature of quarterly earnings - check results and estimations of last two years of same quarter
🎲 Quality
Can use open source script Quality-Screen from community library.
Color coded based on standards and very generic method.
May also need to consider that some of these stats may be industry and sector based and may require comparison among similar stocks.
Overall - if green/lime good, if lots of red/orange - bad. Silver - in between.
🎲 Relative Growth
Can use open source script Relative-Growth-Screen from community library.
Applies Bollinger bands/ Keltener channel to define whether they are relatively high or low. Can also use RSI - but, have not tried :)
Measures growth over past few years.
🎲 Drawdown from ATH
Price drawdown from ATH and historical drawdown levels. Can use open source script Drawdown-Range from community library.
Tells what is the current price drawdown from ATH.
Provides details on historical drawdown levels and ranges.
🎲 Drawdown comparison - price vs fundamentals
Percentile-Price-vs-Fundamentals is the utility I built to carry out the comparison. I am not sure if there are any other comparable tools. Tool is useful for comparing if price drawdown is justified with the drop of fundamentals or if this is an overreaction.
⬜ Please note
▶ News events and probability of future potentials are not taken into consideration. Objective here is to work solely based on the readily available stats.
▶ It is unreliable use this method for short term trading as we cannot be sure when the things going to price in or if they have already priced in.
▶ Not a financial advise. Just an idea based on the research I have done so far. Constructive criticism welcome. Happy to learn from others.
