Expectation for BRK.B to fall
BRK.B is now in parallel uptrend, and we can see that the channel provides a reasonable form of resistance and support.
Following this, I expect BRK.B to fall to 207.90 by 12th Jan 2021 after hitting resistance at the 235.23 area.
From there, I believe we will either see a break out in prices downside to 191.07 using Fibonacci Extension lines or it will hit support and move back up to 260.38 using Fibonacci lines.
Following this, I expect BRK.B to fall to 207.90 by 12th Jan 2021 after hitting resistance at the 235.23 area.
From there, I believe we will either see a break out in prices downside to 191.07 using Fibonacci Extension lines or it will hit support and move back up to 260.38 using Fibonacci lines.
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