Otsuka Holdings - Uptrend continuation TSE:4578 is looking at a strong bullish continuation to the upside after the stock has broken above the downward sloping line of the descending triangle. Besides that, the cup and handle formation has been completed. Besides that, we believe the larger corrective structure is coming to an end after
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2.54 USD
2.26 B USD
15.38 B USD
About Otsuka Holdings Co., Ltd.
Sector
Industry
CEO
Makoto Inoue
Website
Headquarters
Tokyo
Founded
1921
ISIN
US6891641010
FIGI
BBG002RWQDV4
Otsuka Holdings Co., Ltd. engages in the management of its group companies which are in the pharmaceuticals business. It operates through the following segments: Pharmaceuticals, Nutraceuticals, Consumer Products, and Others. The Pharmaceuticals segment manufactures therapeutic drugs and infusions focusing on the central nervous system, oncology, and infectious diseases. The Nutraceuticals segment develops and markets nutrition products such as nutritional food, quasi-drugs, health drinks, and dietary supplements for homes, medical facilities, and nursing care units. The Consumer Products segment sells mineral water, food, and beverages. The Others segment distributes functional and fine chemicals, optical inspection devices, and clinical diagnosis equipment. The company was founded on July 8, 2008 and is headquartered in Tokyo, Japan.
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LONG TERM LONG ON OTSUKA PHARMA!I will not go into details on this one. Bottom line is, I am impressed with Otsuka's vision and its recent developments - and many other things which I will not explain here. I will be entering a long position soon, watching the action at these levels. This is will be one of the stocks I would recom
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