Berkshire hathaway is nearing the support [Video]

Gregor Horvat Wavetraders

Berkshire Hathaway with ticker BRK.A is slowing down since April, but we see it as an irregular abc flat correction within higher degree wave 4 on a daily chart. Wave “c” can be now finishing a lower-degree bearish impulse, so keep an eye on strong 700k – 650k support zone, from where we can expect a bullish resumption within 5th wave.

Highlights:
Direction: Up
Support: 70k/650k
Resistance: 800k

You can also check some of the single stocks in the latest video analysis shared on July 16:

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Author

Gregor Horvat

Wavetraders

Experience Grega is based in Slovenia and has been in the Forex market since 2003.

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