Analyst Observations | Nasdaq Dorsey Wright

Comments include: CL, DAVE, & MU.

CL Colgate-Palmolive Company ($89.10) - Household Goods - CL moved lower to complete a quintuple bottom break at $89. The 1 for 5'er moved down from a 2 today, after reversing back into a negative trend. A sell can be considered here. Resistance can be seen at various levels between $94-$96.

DAVE Dave Inc. Class A ($384.53) - Banks - Despite finishing lower on the day, DAVE pushed high enough with intraday action on 9/4 to return to a buy signal on its default chart. Having moved nicely along its positive trend line below at $316, the path of least resistance looks to be higher for this high RS name. It has gained roughly 75% so far in 2026, and will look to push back towards recent highs at $456. Keep in mind the high RRISK of 10- the name won't be suitable for all.

MU Micron Technology, Inc. ($1,016.59) - Semiconductors - Shares of MU have cooled off since their June highs, but action Friday saw the stock move back to a buy signal with a break of a double top at $976. The 5 for 5'er remains a solid buy but continues to be very volatile. Initial support lies at $912 and $896.

REPORT

DATE