Berkshire's most recent trend suggests a bullish bias. One trading opportunity on Berkshire is a Bull Put Spread using a strike $144.00 short put and a strike $139.00 long put offers a potential 8.23% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $144.00 by expiration. The full premium credit of $0.38 would be kept by the premium seller. The risk of $4.62 would be incurred if the stock dropped below the $139.00 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, Not a Fan of Capital-Heavy Firms, Spends $12B on Them in 2014
Tue, 11 Nov 2014 18:53:40 GMT
US-China smackdown: America No.1 in wind power
Tue, 11 Nov 2014 16:03:10 GMT
It remains a difficult 2014…
Tue, 11 Nov 2014 15:37:13 GMT
Company News for November 11, 2014
Tue, 11 Nov 2014 13:26:18 GMT
Berkshire Hathaway Insurance, Energy Units Aid Q3 Earnings
Mon, 10 Nov 2014 16:10:02 GMT
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