How the (BRK.A) price action is used to our Advantage

April 26, 2024, 13:30 pm ET, BY Jesse F.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for BRK.A

• Buy BRK.A slightly over 582111 target 609571.34 stop loss @ 580429.86 Details

The technical summary data tells us to buy BRK.A near 582111 with an upside target of 609571.34. This data also tells us to set a stop loss @ 580429.86 to protect against excessive loss in case the stock begins to move against the trade. 582111 is the first level of support below 608065 , and by rule, any test of support is a buy signal. In this case, support 582111 would be being tested, so a buy signal would exist.

• Short BRK.A slightly under 609571.34, target 582111, stop loss @ 611331.78 Details

The technical summary data is suggesting a short of BRK.A as it gets near 609571.34 with a downside target of 582111. We should have a stop loss in place at 611331.78though. 609571.34 is the first level of resistance above 608065, and by rule, any test of resistance is a short signal. In this case, if resistance 609571.34 is being tested, so a short signal would exist.

Swing Trading Plans for BRK.A

• Buy BRK.A slightly over 609571.34, target 616507.77, Stop Loss @ 607810.9 Details

If 609571.34 begins to break higher, the technical summary data tells us to buy BRK.A just slightly over 609571.34, with an upside target of 616507.77. The data also tells us to set a stop loss @ 607810.9 in case the stock turns against the trade. 609571.34 is the first level of resistance above 608065, and by rule, any break above resistance is a buy signal. In this case, 609571.34, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short BRK.A slightly near 609571.34, target 602323.92, Stop Loss @ 611331.78. Details

The technical summary data is suggesting a short of BRK.A if it tests 609571.34 with a downside target of 602323.92. We should have a stop loss in place at 611331.78 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 609571.34, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for BRK.A

• Buy BRK.A slightly over 609415.45, target 609571.34, Stop Loss @ 607993.68 Details

If 609415.45 begins to break higher, the technical summary data tells us to buy BRK.A just slightly over 609415.45, with an upside target of 609571.34. The data also tells us to set a stop loss @ 607993.68 in case the stock turns against the trade. 609415.45 is the first level of resistance above 608065, and by rule, any break above resistance is a buy signal. In this case, 609415.45, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short BRK.A slightly near 609415.45, target 602323.92, Stop Loss @ 610837.22. Details

The technical summary data is suggesting a short of BRK.A if it tests 609415.45 with a downside target of 602323.92. We should have a stop loss in place at 610837.22 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 609415.45, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for  Berkshire Hathaway Inc. (BRK.A) available here: BRK.A.

BRK.A Ratings for April 26:

Term →	Near	Mid	Long
Rating	Neutral	Weak	Strong
P1	0	0	582111
P2	609415.45	602323.92	609571.34
P3	616149.91	616507.77	637335.43

AI Generated Signals for BRK.A

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Our job as #investors is to pay attention to the #stocks we own.  Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The  Berkshire Hathaway Inc. (NASDAQ: BRK.A) data table below can help you with price action, and we have more details too. Trading plans for BRK.A are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.