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:
Get Full Access To Our Premium Elliott Wave Analysis For 14 Days. Click here.
