Berkshire's most recent trend suggests a bullish bias. One trading opportunity on Berkshire is a Bull Put Spread using a strike $115.00 short put and a strike $105.00 long put offers a potential 7.41% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $115.00 by expiration. The full premium credit of $0.69 would be kept by the premium seller. The risk of $9.31 would be incurred if the stock dropped below the $105.00 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 61.01 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Berkshire
Six things you may not know about Coca-Cola
Mon, 21 Oct 2013 23:08:27 GMT
USA TODAY – Six things you might not know about Coca-Cola
Buffett's Berkshire cuts Tesco stake by one-fifth – filing
Mon, 21 Oct 2013 22:23:53 GMT
Where the Money Is: October 21
Mon, 21 Oct 2013 22:22:30 GMT
Motley Fool – The biggest stories from Monday’s world of finance.
Buffett's Berkshire cuts Tesco stake by one-fifth -filing
Mon, 21 Oct 2013 22:15:26 GMT
Reuters – Billionaire Warren Buffett's Berkshire Hathaway Inc last week slashed its stake in the world's No.3 retailer, Tesco Plc , by about one-fifth, or 300 million pounds , according to a stock market filing …
Why Warren Buffett Is Smiling This Week
Mon, 21 Oct 2013 17:28:07 GMT
Motley Fool – Berkshire Hathaway's Warren Buffett is likely feeling pretty good following the earnings announcements of Coca-Cola, U.S. Bancorp, and, yes, even IBM.
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