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Strategies & Market Trends : Point and Figure Charting

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From: Fintas8/24/2019 1:26:47 PM
1 Recommendation

Recommended By
toccodolce

   of 34823
 
BRK.A. Just a reminder. I'm expecting this to turn to O's. R U LISTENING WARREN B or any who work for you. Another 6% ish plus or minus and bingo and THEN expect lower.

Now given this one was at 330K ish a share and is now 296 k ish. IT has a history of dropping X % using a fib of?.

Will this time be different? Unlikely re the turn down. It's going to turn down.

BUT it sure would have been better to accept such and not be paying so much for JPM and a few others when they could have been bought for less. Better to let that cash sit than whiz it away trying to help with bottoms. I would NOT be surprised to see 243000. That's near 88k and a 30% hit.

IMO OH could it go lower. YES. But I'll keep the target safe. I suspect there will be buyers on the way down. Always are. Better to sit on their hands whether it be BRK.A.. JPM.. BAC IMO

It's RSI is at the 7155.xx area

Fintas

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