For another vantage point, consider that berkshire hathaway inc’s price has gone up 5 of the previous 10 trading days.
The change in price came along side change in volume that was up 18.02% from previous day, but down 18.26% from the thursday of last week.
This is a reversal of the price action on the previous hour, in which price moved up.
The change in price came along side change in volume that was down 49.21% from previous day, but up 30.54% from the thursday of last week.
We are in a tight spread between support and resistance… and have been.
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Price action traders may also wish to note that we see a pin bar candlestick pattern on berkshire hathaway.
I admit that i didn’t invest into tesla because of their comments although it was a screaming buy and a no-brainer.
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe.
The price move occurred on volume that was down 21.01% from the day prior, but up 44.57% from the same day the week before.