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InTheMoneyStocks.Com is a research and consulting company focused on mathematical proprietary techniques along with a key understanding of price, pattern and time. Through understanding geometry and other technical analysis methods, InTheMoneyStocks.Com prides itself on avoiding Wall Street hype... More
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  • Warren Buffet Head And Shoulders: An Ugly Signal For The Oracle 0 comments
    Oct 8, 2013 2:50 PM | about stocks: BRK.B

    Berkshire Hathaway Inc. (NYSE:BRK.B), Warren Buffet's company has an ugly head and shoulder pattern forming on the daily chart. Considering this company owns a little of everything, it is a very ominous sign for the global economy. Head and shoulder patterns are bearish patterns, predicting steep drops. The key break down level on Berkshire Hathaway is $111.00. If it takes out that level to the downside, $102.00 would be the next stop.

    Gareth Soloway
    InTheMoneyStocks.com

    (click to enlarge)

    Stocks: BRK.B
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