Berkshire's most recent trend suggests a bullish bias. One trading opportunity on Berkshire is a Bull Put Spread using a strike $165.00 short put and a strike $155.00 long put offers a potential 5.49% return on risk over the next 35 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $165.00 by expiration. The full premium credit of $0.52 would be kept by the premium seller. The risk of $9.48 would be incurred if the stock dropped below the $155.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Berkshire is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Berkshire is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Berkshire
Two Railroads Formerly Owned By Warren Buffett Eye Breakouts
Wed, 14 Jun 2017 20:23:17 +0000
A Relative Strength Rating upgrade for Union Pacific shows improving technical performance. Will it continue?
An Easy Way to Replicate Pabrai?
Wed, 14 Jun 2017 17:30:21 +0000
The guru's success cannot be copied using an ETF
Reinsurance Companies: What You Need to Know
Wed, 14 Jun 2017 17:06:00 +0000
This little-understood part of the insurance industry is more important than most people know.
How Rich Would You Be If You Followed Warren Buffett into Coca-Cola?
Wed, 14 Jun 2017 15:21:00 +0000
Buffett bought up $1 billion in Coca-Cola stock in 1988. If you had bought into the company at the same time, how much would you have now?
Warren Buffett Pushes Investment in Israel Bonds
Wed, 14 Jun 2017 14:04:00 +0000
Buffett, billionaire head of Berkshire Hathaway, reportedly counts $5 million worth of Israeli bonds in his personal investments.
Related Posts
Also on Market Tamer…
Follow Us on Facebook