The share price has been rising for the past two weeks and both indicators are positive, but will there be enough momentum to overpower the resisitance?

Berkshire Hathaway is set to report its quarterly earnings today. The company is expected to report earnings of $3.01 a share on revenue of $74.9 billion. From a technical outlook, its shares are currently trading at $298.27 a share. Towards the upside, resistance sits at $301.17 then at $303 then a major resistance further up at $308.49. A break above the major resistance could see the stock head towards the $320 price level. Towards the downside, support sits at $294.74 then at $290.40 then at $287.85. A break below these support levels could see the share price fall towards the $270-$280 price range. Looking at the indicators, MACD is positive and RSI reads 65. Both are positive but RSI is edging closer to the ‘overbought’ territory.