Feb 23, 2010 (SmarTrend(R) Spotlight via COMTEX) —
SmarTrend identified an Uptrend for Berkshire Hathaway (NYSE: BRK.B | Quote | Chart | News | PowerRating) on November 09, 2009 at $69.25. In approximately 4 months, Berkshire Hathaway has returned 15.4% as of today’s recent price of $79.92.
Berkshire Hathaway is currently above its 50-day moving average of $69.68 and above its 200-day moving average of $64.97. Look for these moving averages to climb to confirm the company’s upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Berkshire Hathaway shares.
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For full details on (BRK.B) BRK.B. (BRK.B) has Short Term PowerRatings at TradingMarkets. Details on (BRK.B) Short Term PowerRatings is available at This Link.
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