Berkshire's most recent trend suggests a bearish bias. One trading opportunity on Berkshire is a Bear Call Spread using a strike $140.00 short call and a strike $150.00 long call offers a potential 7.53% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $140.00 by expiration. The full premium credit of $0.70 would be kept by the premium seller. The risk of $9.30 would be incurred if the stock rose above the $150.00 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 51.51 level which suggests that the stock is neither overbought nor oversold at this time.
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
MiTek and HLK Win 2014 “Brand Builder Award” from Hanley Wood Publishers
Tue, 30 Sep 2014 20:15:00 GMT
AIG Was Broke
Tue, 30 Sep 2014 09:54:00 GMT
Bill Gates ranked richest American by Forbes
Mon, 29 Sep 2014 20:20:40 GMT
Bill Gates ranked richest American by Forbes
Mon, 29 Sep 2014 20:20:40 GMT
Zuckerberg — and bootstraps — are winners in the Forbes billionaire rankings
Mon, 29 Sep 2014 16:05:02 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook