VasilyPonomarev
Long

BERKSHIRE HATHAWAY INC (BRK.B) Trading Plan

NYSE:BRK.B   BERKSHIRE HATHAWAY INC

Very sexy inverted head and shoulders pattern is forming on berk.

117.0 is our horizontal neckline.

First, we need a 4H candle close above that to confirm a breakout.

then we can buy on retest of the broken structure expecting a further bullish continuation.

target levels are:
183.0
190.0
196.0

stop is below the right shoulder


if the market goes below the right shoulder,
setup will be invalid.
Trade closed: target reached: New analysis!

Comments

Excellent Analysis And very well explained..interesting things
Reply
@AmyLand, thank you my friend ☺️
+1 Reply
Thanks for the detailed analysis
Reply
@Gayel, you are welcome)
Reply
What do you think will happen?
Reply
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