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BRK.B First Price Target Hit

BRK.B gapped below the first target yesterday to open at 129.00, where any standing BTC limit orders would have filled, providing a 7.3% gain from the June 9th short entry price of 139.23. T3 remains the final target at this time. Suggested BTC levels for the remaining targets have been added to this weekly chart. (T2 at 120 is correctly placed below that previously listed 120.40 support). Previous & updated charts below:

edit: The most recent update on the BRK.B short trade was made at the 12:50 mark in the May 31, 2016 Active Short Trade Ideas Overview video.

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Aug 25, 2015 10:14am|Categories: Completed Trades - Short|Tags: |Comments Off on BRK.B First Price Target Hit