Something is going on with this stock. I am not sure what. Accumulation by a mutual fund, hedge fund, etc. or possibly a quiet buyout by a private equity firm? Or just trader mania? No SEC filings to indicate someone has bought 10%. With only a 10 million float, that wouldn't be hard to do.
Regardless of the why's, the action seems to be to continue to enjoy the upward rise and modify stops on a daily basis.
A true technician would be concerned with the steepness of the advance, but simple charting is missing the key to this stock -- the low float. Trend charts look different based on volume of shares traded. If someone bought 5% of Apple computer today, it would go up. That has been happening approximately 8 out of the past 10 days in IIIN.