Berkshire Hathaway’s stock price (BRK.B) fell in the intraday levels on profit-taking, while gathering positive momentum to rise anew, amid the dominance of the main upward trend in the medium term, with positive pressure due to trading above the 50-day SMA, while the stock managed to vent off overbought saturation in the RSI.

 

Therefore we expect the stock to return higher and target the pivotal resistance of $491.65, provided the support  of $455.30 holds on.

 

Trend forecast for today: Likely Bullish