since my previous post on berkshire hathaway inc class b nyse brkb on nov 4 the price of the stock has moved over 20 from 300 to almost 360 today warren buffetts company is not only trending well but it also held out very well at the start of this year when many stocks saw significant declines if you have this issue in your portfolio as i have since last year berkshire will now be returning you a pretty profit with the major indices now showing signs of bullish strength again the price of this stock is only likely to rally i would not be surprised to see the price move toward 500 and beyond throughout the rest of 2022 why did this stock make it into my portfolio simply because the technicals are strong you may choose to look at the fundamentals too but i keep it simple and look at the technicals for the following   the price breaking out from a longterm area of consolidation below is the monthly timeframe that shows the stocks performance since november i take the stance that if a stock is printing new alltime highs the fundamentals are strong this saves me hours researching a company the uneducated regularly dismiss technical analysis as hocus pocus but it is has a rich history that goes back to the dawn of the financial markets to dismiss it without taking the time to understand it is a grave mistake it eliminates one of the most powerful and consistent ways to make lifechanging returns with the bull trend in play and the market as a whole recovering from the declines of the first part of this year i am now looking for compounding opportunities to accelerate the profit phase let your winners run and cut your losers short as the saying goes