Berkshire Hathaway (BRK.B) – Weekly Chart Analysis

Will the Oracle’s stock break out or pull back?

Berkshire Hathaway is currently trading at a pivotal price zone between $484.82 and $491.67, just beneath a key resistance level at $495.86. This area has historically acted as a decision point — and the next move could be significant.

Technical Breakdown:

• Current Price: $489.00
• Resistance Zone: $495.86 – a breakout above this level could trigger a bullish continuation
• Support Levels: $470.36 and $456.55 – potential pullback zones if resistance holds
• Volume: 20.7M – strong participation, signaling institutional interest

Scenarios to Watch:

Bullish Breakout
If price breaks and closes above $495.86, we could see a rally toward:

• $579.80/$594.67 are projected price targets based on technical analysis

Bearish Rejection
Failure to break above $495.86 may lead to a retracement toward:

• $470.36 – near-term support
• $456.55 – deeper correction zone

Strategic Insight:

This setup is a classic example of a compression breakout — where price coils beneath resistance before making a decisive move. For long-term investors and tactical traders, this is a moment to watch closely.

At Legacy Ladder ZA, we help clients interpret these signals and align them with broader wealth strategies — from portfolio positioning to insurance-backed investment planning.

Book a free consultation here: Services - Legacy Ladder