Berkshire Hathaway’s Stock Forms Bullish ‘Golden Cross’ Amid CEO Transition
Berkshire Hathaway's Class B shares (BRK.B) have signaled a potential long-term rally with the emergence of a golden cross pattern—a technical indicator where the 50-day moving average crosses above the 200-day moving average. This marks the first such occurrence in nearly three years, historically preceding an average 33.5% gain for the stock.
The bullish formation coincides with Warren Buffett's planned retirement as CEO at year-end, though he will retain a board seat. Over six decades, Buffett transformed Berkshire into a $700 billion conglomerate, making his departure a symbolic inflection point for markets.
Chart analysts note the golden cross often precedes extended uptrends. With 13 prior instances since 1999, the pattern's track record suggests renewed institutional confidence in Berkshire's post-Buffett trajectory. The holding company's diverse portfolio—spanning insurance, energy, and consumer staples—may benefit from macroeconomic tailwinds through 2025.
