Not for the first time in its trading history, Jade Art Group, Inc. (OTC:JADA) stock started suddenly gaining value this week and improved its chart. Again, just like in some previous rises of JADA, the official news that could have initiated the price appreciation and the increased interest are missing.7JADA.png

Yesterday, JADA share price increased by the moderate 1.84% and closed trading at $0.387, but the trading volume was more noteworthy. Around 537,000 shares were traded, more than twice the value from the previous day. JADA shows now a bullish MACD lines crossover, RSI pointing up and the share price overcoming the middle of the trading range, all implying that there could be more upside potential.

There is no news about Jade Art since they filed their latest quarter report in the middle of August. The fundamentals reported at that time and the tangible assets of the company suggest that the current levels of the share price is fair.[BANNER]JADE_ART.jpg

Maybe explaining the revived interest, yesterday evening some messages appeared on an online message board, claiming that the company is starting retail distribution of its jade and is establishing a brand for its products. A link to a Chinese website has also been provided. The company it self remains silent and all the forum speculations cannot be confirmed. It looks like traders will have to wait for the next quarter report to provide more insights.