Berkshire's most recent trend suggests a bearish bias. One trading opportunity on Berkshire is a Bear Call Spread using a strike $150.00 short call and a strike $155.00 long call offers a potential 19.9% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $150.00 by expiration. The full premium credit of $0.83 would be kept by the premium seller. The risk of $4.17 would be incurred if the stock rose above the $155.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Berkshire is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Berkshire is bearish.
The RSI indicator is at 67.55 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Berkshire
Berkshire Hathaway to Offer Non-Life Insurance in Singapore
Wed, 10 Dec 2014 22:05:03 GMT
MiTek Launches MiTek Builder Products Division
Wed, 10 Dec 2014 19:00:00 GMT
Guy Spier's The Education Of A Value Investor
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Value Guru In Warren Buffett's Backyard Finds 16% Annual Return With Unloved Stocks
Wed, 10 Dec 2014 16:46:00 GMT
‘Mad Money' Lightning Round: Buy, Buy, Buy Buffett's Berkshire Hathaway
Wed, 10 Dec 2014 11:00:00 GMT
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