Berkshire's most recent trend suggests a bullish bias. One trading opportunity on Berkshire is a Bull Put Spread using a strike $147.00 short put and a strike $142.00 long put offers a potential 13.12% return on risk over the next 19 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $147.00 by expiration. The full premium credit of $0.58 would be kept by the premium seller. The risk of $4.42 would be incurred if the stock dropped below the $142.00 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 78.12 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Berkshire
Duracell To be Part of Berkshire's Marmon and Get New Chief
Mon, 01 Dec 2014 23:16:08 GMT
Calendar Says it’s Time for Financial Services ETFs
Mon, 01 Dec 2014 20:00:02 GMT
ETF Trends – The arrival of December brings with it several potentially compelling seasonal trends investors may want to consider and that is particularly true with sector exchange traded funds. Dating back to 1999, …
P&G Hits a New 52-Week High; Reuters Hints at Wella Selloff
Mon, 01 Dec 2014 17:40:02 GMT
Berkshire Hathaway unit buys another chemical firm
Mon, 01 Dec 2014 16:12:59 GMT
Berkshire Hathaway unit buys another chemical firm
Mon, 01 Dec 2014 16:12:59 GMT
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