I can see your viewpoint.
The idea is that charting is the sum of all knowns and unknowns. A break in the charts i posted previously, would to me, indicate the market believes alternate financing is secured. That or the market see's valuation in the stock irrespective of current finance.
Someone who trades purely on T/A would not even know what the company does. If it broke that downtrend on volume they would buy it and sell on a hourly MACD cross/rollover.
But i agree with your point that it can't accurately predict portions of news, only really the market sentiment around it.
Being 20% up flag's the stock on a few radar's, which then creates more exposure to; hey wth does this mob do. ohhhh 20M/oz of gold. Delish.