Jump to content

Berkshire Hathaway Inc.(BRK.B:NYSE) Elliott Wave Technical Analysis 10 November 23

Recommended Posts

Berkshire Hathaway Inc., Elliott Wave Technical Analysis

Berkshire Hathaway Inc., (BRK.B:NYSE): 4h Chart 10 November 23

BRK.B Stock Market Analysis: We have been anticipated a potential diagonal in wave 1 and we successfully retraced into what seems to be wave {a} of 2. There is a bullish scenario where instead of 1 we had wave A, nonetheless we should expect one more leg lower.  

BRK.B Elliott Wave Count: Wave {b} of 2.  

BRK.B Technical Indicators: Above all averages.

BRK.B Trading Strategy: Looking for one more leg higher in wave {c} of 2.  

TradingLounge Analyst: Alessio Barretta







Berkshire Hathaway Inc., BRK.B: 1-hour Chart 10 November 23

Berkshire Hathaway Inc., Elliott Wave Technical Analysis BRK.B Stock Market Analysis: After a sharp move lower in what seems to have been wave (a) of {b} we could continue lower in wave (c) of {b} to complete wave {b} and then continue higher. We could expect support around 338$.

BRK.B Elliott Wave count:  Wave (b) of {b}.

BRK.B Technical Indicators: Above all averages.ss

BRK.B Trading Strategy: Looking shorts into wave (c).




Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
    • Total Posts
    • Total Members
    • Most Online
      10/06/21 10:53

    Newest Member
    Joined 04/12/23 11:30
  • Posts

    • If you ever need advice or assistance in navigating the complexities of the mortgage market, I usually consult with Mortgage Broker Chelmsford for all my financial matters. They've been a great resource for me, and I highly recommend reaching out to experts like them for guidance.Let's hope the extension of the scheme provides some relief to first-time buyers and helps stimulate the housing market.
    • Going by what i see on the weekly TF, BTC is heading to $46-48k major price zone level. If it breaks and holds above this zone, then $51-52k is the next minor zone, since its a minor zone, BTC might rally at this zone before deciding to go all the way up or coming back down. Though, I am still mindful of the bearish flag pattern, so there is tendency that BTC could start dumping from any of this zones yah. Lets see how it plays out yah.
    • Interesting update. I also withdrew my funds from Binance and deposited it on Bitget and Bybit exchange just to be safe. Though, personally, I believe Binance will bounce back from this set back. It is no news that both CZ and Binance has contributed immense to the growth of the crypto space and continues to do so.. More so, their case is a different from FTX as you clearly stated. I am optimistic Binance is going no where, not any time soon yah.
  • Create New...