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Trading idea for Berkshire Hathaway (NYSE)

25.03.2021

Market Review

#BRK.B

The overall trend is upward. The inclined channel of the descending pattern is broken. The stock is trading in the range of 365 and 135 moving averages. Awesome Oscillator has formed a bullish divergence, and Stochastic Oscillator signals oversold conditions. Breaking through 251.85 (the start fractal) will result in the formation of an ascending pattern of 1-2-3.

Trading Idea:

Buy above 251.85.

Stop Loss: 247.50.

Target levels: 260.25; 267.00.

Author: GC
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