CJJD Wave 5 Correction

NASDAQ:CJJD   China Jo-Jo Drugstores, Inc

What is CJJD?
China Jo-Jo Drugstores , Inc. , through its contractually controlled affiliates, operates a retail pharmacy chain in China offering both western and traditional Chinese medicine. Its contractually controlled affiliates include Hangzhou Jiuzhou Grand Pharmacy Chain Co., Ltd., Hangzhou Jiuzhou Clinic of Integrated Traditional and Western Medicine General Partnership, and Hangzhou Jiuzhou Medical & Public Health Service Co., Ltd. The chain has stores throughout Hangzhou, the provincial capital of Zhejiang Province.

My Thoughts For You
It will be awhile before this stock recovers towards B wave giving the furious drop we saw on wave A which retraced wave 5 by more then 100%. This is another Chinese Company and from what I have seen, I would stay away because the market is manipulated and has some extreme volatility from time to time.

Good Luck, Cheers!

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