Zuoan Fashion recently reported Q3 2014 results which met guidance forecasts. CEO James Jinshan Hong is responding to the currently challenging market conditions by leading increased sales and marketing efforts, fair pricing, simplifying supply chain structure, and innovating a new online to offline (OTO) business program.
The chart has responded positively with a recent strong bullish engulfing reversal candle off of support. Volume is low on retracements and picks up as the chart moves bullish, showing investor interest and accumulation.
The chart has responded positively with a recent strong bullish engulfing reversal candle off of support. Volume is low on retracements and picks up as the chart moves bullish, showing investor interest and accumulation.