Back your research then your gut. Volume tells a big story and...

Back your research then your gut. Volume tells a big story and there is plenty here, importantly it increased from Friday's trading coupled with release of half yearly accounts after the close on what could be perceived to have been bad news for those new to PIL. There were some trying to scare the price down regarding these results but it failed. In fact it probably made investors use the weekend to give themselves plenty of time to research, compare against peers and value accordingly.
Today's close well above the out break signal is solid. There will be ups and downs but 2 steps forward and one step back is still a forward trend.
My philosophy is a profit banked cannot be taken away! But I will not be taking any profits at this stage, that's more research than gut. The signals and business metrics are too strong imo.