" The current technical condition for BRKB is weak. Although the stock has pulled back from higher prices, BRKB remains susceptible to lower prices. The stock has underperformed the market when compared to the S&P 500 over the last 50 trading days. The MACD-LT is confirming that the intermediate-term trend is bearish. BRKB's chart formation indicates the stock is in a strong downward trend. Momentum, as measured by the 9-day RSI, is negative. The stock is in a short-term oversold condition based on a Slow % K stochastic reading of 20 or lower. Over the last 50 trading sessions, there has been more volume on down days than on up days indicating that BRKB is under distribution, which is a bearish condition. The stock is trading below a falling 50-day moving average which confirms the weak technical condition of BRKB. The stock is trading below its rising 200-day moving average which is bearish. "
This is my largest stake in an individual stock - as a semi rational buffet fan boy I am in this for the long haul. However my worry is the lack of tech exposure historically may lead to under-performance (even with considering AAPL position). Thoughts? I am not worried about Buffets age - I trust a lot of the company leadership, especially Ajit's
Submitted June 29, 2018 at 11:33AM by sillynancy https://ift.tt/2tH4DEK
