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Berkshire Hathaway Inc (BRK.B) “On a long-term technical basis, the stock (BRK.B) is trading above its 200-day moving average which implies it is in a positive trend.
The stock has support at 205.09 and 186.10. If the stock breaks down through support at 205.09 then it will probably continue lower to 186.10. The stock has resistance at 209.66 and at 223.63. If the stock breaks up through resistance at 209.66 then it will probably continue higher to 223.63. The 200-day moving average is at 205.09. This will also act as support. The stock has broken out of its long-term downtrend and is looking more positive recently. If the stock can form new support above 205.09 look for a rally to previous highs. The stock is slightly overbought according to the Stochastic Indicator (66.89).”
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