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BRK.B may be on a start of a new bearish trend after its breakout through this important support level

BRK.B has broken through a line of 481.9500. If this breakout holds true, we could see the price of BRK.B heading towards 461.0700 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirm the breakout before placing any trades.

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A Channel Up has formed, Brent Crude is approaching resistance. Can we expect a breakout and the start of a new trend or a reversal?

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