Berkshire's most recent trend suggests a bullish bias. One trading opportunity on Berkshire is a Bull Put Spread using a strike $135.00 short put and a strike $125.00 long put offers a potential 8.7% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $135.00 by expiration. The full premium credit of $0.80 would be kept by the premium seller. The risk of $9.20 would be incurred if the stock dropped below the $125.00 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
Business Highlights
Thu, 21 Aug 2014 22:01:59 GMT
AP – ___ Airport tests new way to avoid deadly bird strikes When birds and planes collide, the results can be deadly. That's why airports around the world work hard to keep birds away, even resorting to shooting …
Today's Thorns, Roses, and All-Time Highs…
Thu, 21 Aug 2014 21:16:32 GMT
Berkshire to Settle Regulatory Allegation of HSR Act Breach
Thu, 21 Aug 2014 21:00:03 GMT
[$$] Warren Buffett's Berkshire Hathaway to Pay $896,000 Civil Penalty on Antitrust Issue
Thu, 21 Aug 2014 19:13:58 GMT
The Wall Street Journal – Warren Buffett's Berkshire Hathaway has agreed to pay $896,000 to settle U.S. allegations it violated antitrust laws by failing to report the acquisition of an equity stake in USG Corp.
MiTek Named to Prestigious Constructech 50 2014 List of Top Technology Companies
Thu, 21 Aug 2014 18:15:00 GMT
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