Berkshire Hathaway (NYSE: BRK-A): 26 June 2019, Wednesday

Berkshire Hathaway (NYSE: BRK-A):

26 June 2019, Wednesday
(Click on the Technical Chart Above to Expand)

Attached is the Technicals for Berkshire Hathaway Class A Shares (NYSE: BRK-A). The triple X in the technicals shows the proportionate steady-rate growth, to the point that not only the measurement of each X on the vertical Y-axis is the same, even the slopes of the angles are the same. This shows that smart monies are consistently flowing in to this stock. Berkshire Hathaway is currently executing a large and significant Bull Flag in the form of a bullish ascending triangle. It is currently at the support base of the large scale bull flag. The next target based on X is $475,000-$500,000.


The Donovan Norfolk Technical Rating:
Bullish short term, mid term and long term.
Berkshire Hathaway is a strong buy for a trading position.

DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence.