Surely any stock can "defy the rules of technical analysis"?...

Surely any stock can "defy the rules of technical analysis"?
Otherwise every technical stock pick would be a winner?
Took me a long time to realise technical analysis was just a good guide to what might happen next.

Fundamentals seem to be way more important in the big picture, although just as hard to figure. This new director seems to be the main factor for current rise and that simply cant be reflected in any chart imo.
Obviously he has to produce but has shown he can previously it seems. Expect resistance around 9.5 from technical but the way it blasted through 8.5 i get the feeling this is what they call a re rating.