Berkshire Hathaway Inc. (BRK.B) – Elliott Wave Analysis (Daily Chart)

BRK.B Elliott Wave Technical Analysis

• Function: Trend
• Mode: Impulsive
• Structure: Motive
• Position: Wave 3 of (5)
• Direction: Upside into Wave 3

Details:

• Expecting upside movement into Minor Wave 3 as we approach TradingLevel5 at $500.
• Looking for a clear subdivision within Wave 3.

Berkshire Hathaway Inc. (BRK.B) – Elliott Wave Analysis (1H Chart)

BRK.B Elliott Wave Technical Analysis

• Function: Trend
• Mode: Impulsive
• Structure: Motive
• Position: Wave {iii} of 3
• Direction: Upside in Wave {iii}

Details:

• Wave {iii} is developing, and we might be missing one leg higher into Wave (v) of {iii}.
• Looking for a potential subdivision in Wave {iii} to confirm the next movement.

Summary of BRK.B Elliott Wave Analysis

Daily Chart

Berkshire Hathaway (BRK.B) remains in an impulsive phase within Wave 3 of (5), following a motive structure. The price is pushing higher within Minor Wave 3, with a target around $500. Expect further upside as Wave 3 unfolds, with clear subdivisions forming within the internal wave structure.

1H Chart

On the 1-hour chart, BRK.B continues to progress through Wave {iii} of 3. The structure in Wave {iii} suggests additional upside potential, with one final leg expected to complete Wave (v) of {iii}. This would indicate more upward momentum ahead.

Technical Analyst: Alessio Barretta

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