Berkshire's most recent trend suggests a bullish bias. One trading opportunity on Berkshire is a Bull Put Spread using a strike $125.00 short put and a strike $115.00 long put offers a potential 7.64% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $125.00 by expiration. The full premium credit of $0.71 would be kept by the premium seller. The risk of $9.29 would be incurred if the stock dropped below the $115.00 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 61.96 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Berkshire
Buffett laughs at the ‘persecuted' 1%
Thu, 24 Apr 2014 00:12:00 GMT
Buffett unsure about minimum wage hike
Thu, 24 Apr 2014 00:08:00 GMT
CNBC transcript: Warren Buffett on Coke pay plan
Wed, 23 Apr 2014 23:36:19 GMT
Buffett: Saying no to pay plans is like ‘belching'
Wed, 23 Apr 2014 23:07:01 GMT
Buffett: No need for more BNSF rail car buys on Keystone delay
Wed, 23 Apr 2014 22:30:19 GMT
Reuters – Warren Buffett, the chairman of Berkshire Hathaway (BRK-A), said on Wednesday the company's BNSF railroad unit probably will not need to expand its rail car purchases as a result of delays in the Keystone pipeline construction. In addition, he said that the rail industry as a whole remains concerned about safety after a recent string of accidents. “It's true that the world is going to need an improved tank car,” the iconic investor said in an interview with Reuters. Among the worries he cited was the potential for cyber attacks at Berkshire companies, particularly those with large physical facilities such as BNSF and utility operations.
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