For insights Cramer turned to technical analysis provided by Tim Collins a Cramer colleague at RealMoney.com.
Looking at the daily chart, Collins sees some bullish developments – especially if you're a nimble trader who can move in and out of positions with aplomb.
He notes that Berkshire Hathaway has been mostly trading sideways for the last month after spending the previous four months marching higher. The consolidation after a sharp move higher suggests to Collins the chart is making a so-called flag pattern.
According to Collins, If Berkshire can breakout above the top of the flag at $108, then HE thinks it could quickly jump up to the $112 to $113 range.
In addition Collins sees another bullish pattern, something called a cup and handle formation. A cup and handle is a U-shaped bottom that looks like a cup, followed by a period where the stock trades sideways, which makes the handle, and technicians often say it's one of the most reliably bullish patterns in the entire chart universe, because after the handle is finished, you often get a major move higher.
According to Collins, the cup and handle suggests the stock could go to $113 if it breaks out over $108. Therefore the cup and handle pattern would seem to confirm the flag pattern.
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However, if you're a long-term investor who likes to buy and hold for a year or more, current levels may not be your best entry point.