RAC - Charts & Price Action, page-4610

1. I think it is fair to say that volume will decrease as share price increases. Makes sense, right? That's why the last 7 weeks is so crazy! Almost exactly the same volume as when the SP was around 30c - $1.15. I believe that the market in AUS is starting to wake up to the potential of RAC and bisantrene. So, if this trend continues, I anticipate Afterpay-like growth - particularly when RAC begin to market their results in the US (provided the results prove what has already been proven of pharmcological inhibition of FTO in certain cancer types). Very difficult to state on buying/selling volume. It depends on demand, which depends on knowledge and positive clinical results (and many other likely things).

2. I think it is important to immerse myself in as much data as possible, so that I can grow as an investor; that may come from a chart or from a scientific journal. RAC will not be my last investment, so while I may not be looking for a entry or exit point, I am learning the ropes and identifying what I think are patterns in the graph. Understanding buyer and seller psychology and the way the market changes is fascinating. So, it is purely an exercise out of interest. I have not researched on charting much and only know the basics, but with RAC I just look at what has happened and try to make estimations about what will happen in the future. If there is a pattern, I talk about it.