BRK.B (Berkshire Hathaway) pullback to offer buying opportunity
Wave ((4)) is expected to continue lower in the near term, with a projected support zone between 433 and 388. This area aligns with key Fibonacci retracement levels, including the 1.0 and 1.618 extensions of the prior corrective swings. The blue box region on the chart highlights this high-probability area where the correction may find support. Once the stock completes wave ((4)), the next bullish leg higher in wave ((5)) should begin. This move would aim to break above the previous wave ((3)) high and continue the long-term uptrend. The overall structure supports further upside once the correction finishes.In the short term, traders should avoid selling into the decline and instead prepare for potential buying opportunities at extreme levels. The best setups typically appear once the correction completes a clear 3, 7, or 11 swing structure within the highlighted support zone.Summary Berkshire Hathaway remains in a long-term bullish trend, despite the ongoing wave ((4)) correction. The stock may continue to pull back toward the 433–388 region before finding support. This zone should offer a buying opportunity for the next move higher in wave ((5)), which is expected to extend the bullish cycle further.