Neutral until broken with a trend in that direction.
The Williams Alligator indicator is a technical analysis tool that uses smoothed moving averages.
The indicator uses a smoothed average calculated with a simple moving average (SMA) to start.
It uses three moving averages, set at five, eight, and 13 periods. The three moving averages comprise the Jaw/blue, Teeth/white, and Lips/red of the Alligator.
The indicator applies convergence-divergence relationships to build trading signals, with the Jaw making the slowest turns and the Lips making the fastest turns.
The moving averages are in order today with the lips being on top.
AVGO reached a high of 921.78 but price was quickly rejected as evidenced by a long candle wick.
No recommendation.
No recommendation.
The Williams Alligator indicator is a technical analysis tool that uses smoothed moving averages.
The indicator uses a smoothed average calculated with a simple moving average (SMA) to start.
It uses three moving averages, set at five, eight, and 13 periods. The three moving averages comprise the Jaw/blue, Teeth/white, and Lips/red of the Alligator.
The indicator applies convergence-divergence relationships to build trading signals, with the Jaw making the slowest turns and the Lips making the fastest turns.
The moving averages are in order today with the lips being on top.
AVGO reached a high of 921.78 but price was quickly rejected as evidenced by a long candle wick.
No recommendation.
No recommendation.
Note
Correction/Ascending triangle
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.