And now let’s move to today’s stock of the day and take a look at Berkshire Hathaway. So far in 2026, Berkshire has been trading largely sideways, and the daily chart clearly reflects that consolidation.
The dominant structure is a symmetric triangle pattern. Price action is compressing between descending resistance and ascending support, reflecting a steady reduction in volatility. At the moment, the stock is trading more or less in the middle of that formation, around the psychological 500-dollar level, which adds additional technical relevance to the current zone.
Recently, price bounced from the lower boundary of the triangle and then faced rejection near the upper boundary. With both sides tested and respected, the pattern remains intact and unresolved. This confirms that the market is waiting for a catalyst strong enough to push price beyond the consolidation range.
From a trading perspective, patience is required. A decisive breakout above the upper boundary of the triangle would confirm bullish continuation and generate a signal to buy. On the other hand, a clean breakdown below the lower boundary would activate a bearish scenario and provide a signal to sell.
Until that breakout occurs, Berkshire Hathaway remains in compression mode. The structure is neutral, the range is narrowing, and the next directional move outside of the triangle will define the next meaningful trend.