Berkshire's most recent trend suggests a bullish bias. One trading opportunity on Berkshire is a Bull Put Spread using a strike $137.00 short put and a strike $132.00 long put offers a potential 21.65% 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 $137.00 by expiration. The full premium credit of $0.89 would be kept by the premium seller. The risk of $4.11 would be incurred if the stock dropped below the $132.00 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 47.94 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Berkshire
[$$] Warren Buffett Puts Wind in Berkshire’s Sails
Fri, 24 Oct 2014 04:48:13 GMT
The Wall Street Journal – Famed billionaire Warren Buffett has doubled down on renewables—and wind power in particular—in his energy strategy.
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Thu, 23 Oct 2014 21:34:31 GMT
Berkshire's Betting Big On Energy, But Likely Not on Oncor
Thu, 23 Oct 2014 18:21:39 GMT
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