Learn to Evaluate Berkshire Hathaway (BRK.A) using the Charts

July 08, 2021, 07:45 am ET, BY Harold S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet.  However, if we pay close attention we can see what is going on, and make good decisions.. The  Berkshire Hathaway (NASDAQ: BRK.A) report below can help you understand how to do this. The trading plans for BRK.A, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.

Longer Term Trading Plans for BRK.A

• Buy BRK.A slightly over 543.8125 target n/a stop loss @ 542.24. Details

The technical summary data tells us to buy BRK.A near 543.8125, but there is no current upside target from the summary table. In this case we should wait until either an update to the summary table has been made (which usually happens at the beginning of every trading day), or until the position has been stopped. The data does tell us to set a stop loss 542.24 to protect against excessive loss in case the stock begins to move against the trade. 543.8125 is the first level of support below 419401, and by rule, any test of support is a buy signal. In this case, if support 543.8125 is being tested, a buy signal would exist.

• NONE . Details

NONE .
There are no current resistance levels from the summary table, and therefore there are no Short resistance Plans which tell us to short upon tests of resistance. Resistance levels have broken higher and unless the stock reverses lower and below support levels again short positions look risky.

Swing Trading Plans for BRK.A

• Buy BRK.A slightly over n/a, target n/a, Stop Loss @ 0 Details

If n/a begins to break higher, the technical summary data tells us to buy BRK.A just slightly over n/a, with an upside target of n/a. The data also tells us to set a stop loss @ 0 in case the stock turns against the trade. n/a is the first level of resistance above 419401, and by rule, any break above resistance is a buy signal. In this case, n/a, 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 near n/a, target 543.8125, Stop Loss @ 0. Details

The technical summary data is suggesting a short of BRK.A if it tests n/a with a downside target of 543.8125. We should have a stop loss in place at 0 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, n/a, 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 n/a, target n/a, Stop Loss @ 0 Details

If n/a begins to break higher, the technical summary data tells us to buy BRK.A just slightly over n/a, with an upside target of n/a. The data also tells us to set a stop loss @ 0 in case the stock turns against the trade. n/a is the first level of resistance above 419401, and by rule, any break above resistance is a buy signal. In this case, n/a, 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 near n/a, target 643.1875, Stop Loss @ 0. Details

The technical summary data is suggesting a short of BRK.A if it tests n/a with a downside target of 643.1875. We should have a stop loss in place at 0 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, n/a, 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.

BRK.A Ratings for July 08:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Strong
P1	0	417	0
P2	418	421	421
P3	643.1875	519.625	543.8125

Support and Resistance Plot Chart for BRK.A

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