Replies to post #2845 on Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

[risk on]

I will sco, just don't usually post from my PC, on my I phone or pad, but I spotted one major difference from the chart you posted juxtaposed to my RSI.

You have a "4 day " period , that's way too amplified. It needs smoothed by using a 14 day interval.

The only thing you need is that, and you will see my point is salient. Once JCP touches or pierces 70 RSI, it always goes back to 30. I cleared out because, it looked like it may have broken that cycle, but once I realized it wont, I headed out. And I won't go long again until that 30 rsi mark is hit, on MY chart.

Use the 14 day interval , also use full Stoch's w a 7 and 14 standard deviation intervals, and there's a decent pattern there too, but the 14 day RSI is the best indicator, by far