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BRKB a good trade ?
June 25th, 2009at 9:48 am
BRKB has underperformed the market recently and appears to be a good trade. BRKB is in a channel from 2770$ to 3000$ Currently at 2790$ the trade would be to sell out at 3000$. I also believe that from a FA point of view BRKB looks OK. So a potential long BRKB /short SPY trade looks like it has good odds
Categories: Markets
My exit point for BRKB is a little less than 3000$ based on chart patters. Based on FA, i can easily justify 3500$ but I think I’ll exit at little less 3000$. I don’t trust this market…