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Berkshire Hathaway Inc., Elliott Wave Technical Analysis

Berkshire Hathaway Inc., (NYSE: BRK-B): 4h Chart 10 November 2023

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.  

Analyst: Alessio Barretta

Berkshire Hathaway Inc., BRK-B: 1-hour Chart 10 November 2023

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).

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