Berkshire has broken out of this descending wedge and above the 2 Fib at $415 and is now moving higher with the market and on track to hit its 2.618 Fib at $453.
BRK.B is the only Mega Cap with a PE and FWD PE below 15, making it not overvalued in terms of traditional metrics, metrics that Buffett is religious about.
Very nice looking chart here and showing no signs of weakness right now.
AL
2024-07-17 12:51:45 +0000 UTC