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 8.34% return on risk over the next 39 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 $0.77 would be kept by the premium seller. The risk of $9.23 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 64.54 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
[$$] Berkshire Hathaway Poaches AIG Executives
Wed, 13 Aug 2014 08:02:58 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.
Large Cap All Time Highs Today…
Tue, 12 Aug 2014 20:59:21 GMT
Roses in the Market…
Tue, 12 Aug 2014 20:56:52 GMT
SidePlate Systems, Inc. Named a 2014 “Best Firm to Work For” in This Year’s ZweigWhite Rankings
Tue, 12 Aug 2014 18:30:00 GMT
Noise Keeping You Up At Night?
Tue, 12 Aug 2014 14:46:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook