Berkshire Hathaway is breaking out of channelBerkshire Hathaway Inc. NewBATS:BRK.BledgerdaryBerkshire Hathaway BRK.B is breaking out of its long descending channel on the daily timeframe. After months of consolidation, price has finally pushed through the upper boundary near $495, signaling the start of potential upward momentum. If this breakout holds, the next major target could be around the mid-range near $520 — setting up what could become a powerful trend reversal for one of the market’s strongest giants.