Nasdaq Dorsey Wright

Analyst Observations

Published: July 17, 2025

This content is for informational purposes only. This should not be construed as solicitation. The general public should consult their financial advisor for additional information related to investment decisions.

Comments include: APP & CL.

APP AppLovin Corp. Class A ($363.78) - Software - APP pushed higher Thursday to break a spread quadruple top at $364 before reaching $368 intraday. This 4 for 5'er moved to a positive trend in August and sits in the top quintile of the favored software sector RS matrix. The technical picture is favorable and improving. Initial support can be seen at $348, while further resistance is seen at $380.

CL Colgate-Palmolive Company ($87.30) - Household Goods - CL shares broke a double bottom at $87 to move back to a sell signal during Thursday’s trading. Today’s move also ended its positive trend after just 10 days, bringing it back down to hold territory as a 3 for 5’er. CL continues trade in an extremely rangebound fashion, so watch for a potential breakout on either side. From here, support lies at $87-$86 then at $83.

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