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randomname11
Nov 29, 2020 9:45 PM

Stock to watch: Daiichi Sankyo (TSE:4568) Long

DAIICHI SANKYO COMPANY LIMITEDTSE

Description

TSE:4568

An interesting stock to trade short-term and to hold long-term.
The asset had already showed almost +35% growth this month and is still on the move.
Both Buy/Sell Zones and EMA Cross indicate an uptrend.
Short-term trade target is 0,5 Fib.
For the long play may be held up to 4.236 (more as an investment).
Invalidation: breaking the 3500 level and staying there.

Disclaimer: This article should not be considered as financial or investment advice. Trading digital assets involve risk and may resolve in the loss of your capital. Always be sure to understand the amount of risk involved and do your research before taking any trading/investment steps.

Trade closed: stop reached

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