Berkshire's most recent trend suggests a bullish bias. One trading opportunity on Berkshire is a Bull Put Spread using a strike $130.00 short put and a strike $120.00 long put offers a potential 5.93% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $130.00 by expiration. The full premium credit of $0.56 would be kept by the premium seller. The risk of $9.44 would be incurred if the stock dropped below the $120.00 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 57.61 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Berkshire
Large Cap All-Time Highs for Today…
Fri, 08 Aug 2014 22:43:04 GMT
3 Financial Stocks Moving The Sector Upward
Fri, 08 Aug 2014 17:03:00 GMT
Berkshire Leads Most Daily Bond Sales in U.S. Since June
Thu, 07 Aug 2014 22:34:43 GMT
5 Large-Cap Stock Charts to Trade for Gains
Thu, 07 Aug 2014 14:58:00 GMT
The Zacks Analyst Blog Highlights: Berkshire Hathaway, Capital One Financial, Principal Financial Group, Lincoln National and BioCryst Pharmaceuticals
Wed, 06 Aug 2014 13:20:38 GMT
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