Berkshire's most recent trend suggests a bearish bias. One trading opportunity on Berkshire is a Bear Call Spread using a strike $115.00 short call and a strike $125.00 long call offers a potential 13.64% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $115.00 by expiration. The full premium credit of $1.20 would be kept by the premium seller. The risk of $8.80 would be incurred if the stock rose above the $125.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Berkshire is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Berkshire is bearish.
The RSI indicator is at 32.29 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Berkshire
Exxon Mobil: The Biggest Stock The Rally Has Left Behind Is Ripe For A Rebound
Tue, 17 Dec 2013 23:24:00 GMT
Forbes – The energy giant has lagged the broader market since the 2009 bottom, but analysts and money managers see a comeback in 2014.
MiTek Announces SAPPHIRE™ Build, Software Suite for Production Home Builders
Tue, 17 Dec 2013 19:35:00 GMT
Business Wire – MiTek Industries, Inc. , a Berkshire Hathaway company , and the world’s leading supplier of advanced engineered structural connector systems, softw
The Winds of Change are Filling These Companies' Sails
Tue, 17 Dec 2013 15:04:32 GMT
Motley Fool – Harnessing the wind for power is an age-old method but comes with notable drawbacks, which is why it is both a potentially good investment and yet still unlikely to unseat coal.
Warren Buffett's Biggest Winners
Tue, 17 Dec 2013 13:00:39 GMT
Motley Fool – Warren Buffett and Berkshire Hathaway have had a number of stocks that have more than doubled the return of the market since the end of September, including one that is up more than 50%.
Why Did D. E. Shaw Follow Berkshire on NV Energy?
Tue, 17 Dec 2013 00:36:35 GMT
Motley Fool – $60 billion hedge fund D.E. Shaw acquired 1.78 million shares of NV Energy in the third quarter — several months after it was announced that the company was being acquired by Berkshire Hathaway subsidiary …
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