Berkshire's most recent trend suggests a bullish bias. One trading opportunity on Berkshire is a Bull Put Spread using a strike $150.00 short put and a strike $145.00 long put offers a potential 7.76% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $150.00 by expiration. The full premium credit of $0.36 would be kept by the premium seller. The risk of $4.64 would be incurred if the stock dropped below the $145.00 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
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Mon, 08 Dec 2014 13:19:34 GMT
Berkshire Hathaway Wins Singapore Insurance License
Mon, 08 Dec 2014 09:00:38 GMT
The Wall Street Journal – Warren Buffett’s Berkshire Hathaway has won a license to sell non-life insurance in Singapore, the first such permit in Asia for the U.S. conglomerate as it builds an insurance business across the region….
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