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 7.64% return on risk over the next 38 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 $0.71 would be kept by the premium seller. The risk of $9.29 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 64.12 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
Has Buffett Lost His Touch?
Thu, 14 Aug 2014 10:56:00 GMT
[$$] Berkshire Hathaway Poaches AIG Executives
Thu, 14 Aug 2014 05:09:36 GMT
The Wall Street Journal – Warren Buffett's Berkshire Hathaway has poached two senior executives from AIG's Asian operations as part of plans to boost its insurance business in the region.
2 Things About Warren Buffett Every Investor Should Know Right Now
Thu, 14 Aug 2014 01:44:08 GMT
New Large Cap Highs
Wed, 13 Aug 2014 21:47:44 GMT
Why high-grade debt issuance increased more than three-fold
Wed, 13 Aug 2014 13:00:12 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook