Berkshire's most recent trend suggests a bullish bias. One trading opportunity on Berkshire is a Bull Put Spread using a strike $212.50 short put and a strike $207.50 long put offers a potential 19.05% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $212.50 by expiration. The full premium credit of $0.80 would be kept by the premium seller. The risk of $4.20 would be incurred if the stock dropped below the $207.50 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
Wally Weitz Comments on Berkshire Hathaway
Wed, 24 Jan 2018 22:16:49 +0000
Guru stock highlight
Kentwood Real Estate names new CEO
Wed, 24 Jan 2018 19:50:36 +0000
Gretchen Rosenberg has been promoted to president and chief executive of Denver-based Kentwood Real Estate. Former CEO Peter Niederman has been named chairman, where Kentwood says he will remain active in support Rosenberg and her team. Rosenberg has been a realtor since 1996 and has worked for Kentwood since 1998.
How Kansas City Southern Delivered on 4Q17 Operating Margins
Wed, 24 Jan 2018 19:35:02 +0000
Kansas City Southern Had Record 4Q17: NAFTA Worries Remain
It’s Too Late for Wal-Mart Stores Inc Turnaround
Wed, 24 Jan 2018 17:12:53 +0000
There’s been a lot of optimism surrounding Wal-Mart Stores Inc (NYSE:WMT) ever since its last earnings report. In that report, WMT stock beat EPS by three cents and the top line by $2.2 billion. There’s also talk of WMT trying to take on the Amazon.com, Inc. (NASDAQ:AMZN) Go idea, which will do wonders as far as saving on labor, if the concept manages to scale.
A Reminder of the Pitfalls of EBITDA
Tue, 23 Jan 2018 21:26:13 +0000
Why EBITDA should not be trusted
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