Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Berkshire Hathaway's stock (BRK.B) rose in the intraday levels, managing to surpass the resistance of the 50-day SMA, and shaking off its negative pressure, while trading alongside the upward correctional trend line in the short term, with positive signals from the RSI, despite reaching overbought levels, marking a profit of 1.21% in the last session, or 3.69 points, and settling at 308.77.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 319.56, provided the support of 297.75 holds on.
Expected trend for today: Bullish