Replies to post #12344 on Platinum Studios (PDOS)

[Better Than Bullish]

It's clearly starting to turn around and level out... lol you alright shank? Put the bottle down... you don't need that..

[investmn]

StochRSI:

Developed by Tushard Chande and Stanley Kroll, StochRSI is an oscillator that measures the level of RSI relative to its high-low range over a set time period. StochRSI applies the Stochastics formula to RSI values, instead of price values. This makes it an indicator of an indicator. The result is an oscillator that fluctuates between 0 and 1.

RSI:

Developed J. Welles Wilder, the Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. Traditionally, and according to Wilder, RSI is considered overbought when above 70 and oversold when below 30. Signals can also be generated by looking for divergences, failure swings and centerline crossovers. RSI can also be used to identify the general trend.

You circle a period of declining level of RSI relative to it's high-low range over a 14 day period right after the run it had in gains on July 18th. It has declined a bit and now consolidated. Anyone can clearly see since July 18th that we have had lower highs and higher lows as we consolidate further forming a triangle just in time to run up on the premier for Cowboys & Aliens. You really should be careful to distinguish between RSI and StochRSI. They are two very different animals that tell two very different stories. You wouldn't purposely be manipulating a chart, would you?