Berkshire's most recent trend suggests a bullish bias. One trading opportunity on Berkshire is a Bull Put Spread using a strike $144.00 short put and a strike $139.00 long put offers a potential 8.23% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $144.00 by expiration. The full premium credit of $0.38 would be kept by the premium seller. The risk of $4.62 would be incurred if the stock dropped below the $139.00 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 at 78.79 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Berkshire
Berkshire Hathaway Insurance, Energy Units Aid Q3 Earnings
Mon, 10 Nov 2014 16:10:02 GMT
Berkshire Hathaway Reports Lower Q3 Earnings
Sun, 09 Nov 2014 01:27:01 GMT
[$$] Berkshire Hathaway Profit Declines
Sat, 08 Nov 2014 02:28:52 GMT
Investment Losses Overshadow Berkshire's Third-Quarter Results
Sat, 08 Nov 2014 01:46:00 GMT
Berkshire's earnings down 9 percent from year ago
Fri, 07 Nov 2014 23:53:04 GMT
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