Analyst Observations | Nasdaq Dorsey Wright

Comments include: CHD, GEV, & GOOGL.

CHD Church & Dwight Company ($98.16) - Household Goods - CHD completed a double top break at $99, marking its second consecutive buy signal. The 4 for 5'er ranks in the top quartile of the household goods sector matrix. Long exposure can be made here. Initial support is at $95, with additional support at $93.

GEV GE Vernova Inc. ($1,000.21) - Utilities/Electricity - GEV broke a double top at $1008, completing a bearish signal reversal to return to a buy signal. The stock has fallen to a 3 for 5'er after seeing the market and peer RS charts reverse down into Os in the first half of June. GEV continues to maintain a long-term positive trend on the default trend chart and positive long-term relative strength against the market and its peer group. From here, near-term resistance lies at $1088, while the all-time chart high sits at $1168. Initial support lies at $864, while the bullish support line sits at $832.

GOOGL Alphabet Inc. Class A ($373.25) - Internet - Shares of GOOGL broke a double top at $376, ending its streak of two consecutive sell signals. The 5 for 5'er has been a in a positive trend for over a year, and recent pullback has left it in actionable territory near the middle of its ten week trading band. The stock continues to be a strong buy. From here, initial resistance lies at $408 from all-time highs while initial support lies at $348.

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