Barista Coffee Corp (PINK:BCCI) has entered bullish grounds in the last couple of days.
In fact, since the start of October BCCI has made a spectacular climb after bouncing at the $0.025 line. As a result, the present value of BCCI shares is 6 times higher.
BCCI finished the last trading session at $0.15. Compared to the previous close, the stock went 36.35% up.
Trading volume was much higher than the daily average. On the whole, more than 880 thousand shares changed hands on the last session.
As to the short activity, FINRA posted that 264 shares were exchanged in short transactions yesterday. This is roughly 30% of the whole volume.
During its climb, BCCI has breached both the 50- and 200-MA. The MACD indicator is still bullish and has just crossed the zero line.
However, BCCI has been climbing without any official news or reports at hand, which makes the ascension of BCCI stock rather speculative.
