The charts indicate that Berkshire is in a consolidation phase which is very bullish. When this phase is over the next move is an upturn to $120. I am accumulating at these levels and have been since 2010. My portfolio is up 27%.
Sentiment: Strong Buy
I completely agree. Berkshire is consolidating and is headed higher. I've been accumulating since stock was at $66
Plus,Heinzs numbers will soon show up in Berkshires financials and will certainly add som pop.
Berkshire has just been upgraded to outperform. The charts were correct again, as the consolidation phase is over and the upturn begins. Congratulations to all the longs.
Resistance is at $114.84. If(when) it breaks that, the upward trend continues to $120.