Berkshire's most recent trend suggests a bullish bias. One trading opportunity on Berkshire is a Bull Put Spread using a strike $210.00 short put and a strike $195.00 long put offers a potential 12.7% 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 $210.00 by expiration. The full premium credit of $1.69 would be kept by the premium seller. The risk of $13.31 would be incurred if the stock dropped below the $195.00 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
What Does Warren Buffett Really Think About Stock Prices Today?
Sun, 21 Jan 2018 13:15:00 +0000
The billionaire investor's actions aren’t as bullish as his words.
Possible Buffett heir Abel has small Berkshire stake, likely to grow
Sat, 20 Jan 2018 01:31:41 +0000
Abel, who along with Ajit Jain was named a Berkshire vice chairman and director last week, disclosed his stake a day after Jain reported a $109 million ownership stake. Abel, 55, who has run the Berkshire Hathaway Energy unit, was appointed vice chairman to oversee non-insurance operations such as the BNSF railroad, Dairy Queen ice cream, Fruit of the Loom underwear and NetJets planes.
Potential Buffett Heir Reveals What May Be Just the Start of His Berkshire Stake
Fri, 19 Jan 2018 23:23:48 +0000
Greg Abel is seen by many analysts and investors as the likeliest candidate to one day lead Berkshire Hathaway Inc. The latest disclosure on his stock holdings offers just a glimpse of his potential stake …
IBM Falls Despite Reporting Growth for First Time in Almost 6 Years
Fri, 19 Jan 2018 17:57:05 +0000
Company records $5.5 billion tax-related charge
Stocks to Watch: IBM, American Express, Nike, Berkshire, JPMorgan, Lowe's, Alphabet, Netflix
Fri, 19 Jan 2018 14:23:26 +0000
Among the companies with shares expected to trade actively in Friday's session are International Business Machines Corp., American Express Co., Nike Inc., Berkshire Hathaway Inc., JPMorgan Chase & Co., …
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