Berkshire's most recent trend suggests a bullish bias. One trading opportunity on Berkshire is a Bull Put Spread using a strike $145.00 short put and a strike $140.00 long put offers a potential 5.04% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $145.00 by expiration. The full premium credit of $0.24 would be kept by the premium seller. The risk of $4.76 would be incurred if the stock dropped below the $140.00 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
Buffett to Trade P&G Stock to Buy Duracell
Fri, 14 Nov 2014 05:32:06 GMT
The Wall Street Journal – Warren Buffett’s Berkshire Hathaway is buying battery maker Duracell from P&G, using a complex deal structure to minimize the tax hit.
NFL's Peyton Manning Wants to Make Buying Insurance Sexy
Fri, 14 Nov 2014 02:23:00 GMT
Berkshire buying Duracell from P&G in $3B deal
Thu, 13 Nov 2014 22:42:47 GMT
Berkshire buying Duracell from P&G in $3B deal
Thu, 13 Nov 2014 22:42:29 GMT
Warren Buffett Snags Duracell, Apple Hits All-Time High: Tech Winners & Losers
Thu, 13 Nov 2014 22:08:00 GMT
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